Standard Life Investments and Citigroup Global Transaction Services have announced a partnership for fund administration, custody and related services. The decision follows the announcement in June that Standard Life Investments was entering into a period of detailed evaluation with Citigroup. As part of the agreement, 80 members of Standard Life Investments’ Investment Administration team will transfer to the new service provider at the beginning of November.
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.