A new commercial card reporting feature for clients of Citigroup has been launched by Citigroup Global Transaction Services (GTS). Called Citibank Custom Reporting System, the Web-based electronic query tool allows multinational commercial card clients to analyze their corporate spending patterns with the commercial card on a global basis, according to Citigroup. The bank added that clients can use the information to examine spending patterns, better negotiate with vendors, enforce corporate policies and make more efficient business decisions.
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.