Brambles Industries is to implement City Financials’ integrated treasury system, eTC, for treasury operations in London and Sydney. The company plans to follow up the move by deploying the system worldwide via a web browser. Brambles operates in a dual-listed companies structure, with Brambles Industries Limited listed on the Australian Stock Exchange and Brambles Industries plc listed on the London Stock Exchange. Steve Whalley MD of City Financials said: ‘The signing of Brambles represents a significant step forward for our company. This gives us the opportunity to locate and support resources in Australia, an area where considerable interest has been shown in our product of late’.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.