The Federal Home Loan Bank of Seattle (Seattle Bank) is to implement the Summit system to support the bank’s investment and funding portfolios along with its associated hedging activities. In addition to fixed income and money market instruments, the new system supports mortgage-backed and asset-backed securities, plus the derivative instruments used to hedge portfolio positions, said Summit.
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.