Indover Bank has partnered with ABN AMRO to become the first Netherlands-based bank to achieve CLS Third Party participant status. Following the delivery of their CLS programme, Indover has awarded a number of additional mandates to ABN AMRO. These include the implementation of DealStation – the bank’s online foreign exchange trading portal – at Indover’s Amsterdam and Hong Kong operations, as well as a number of Nostro accounts. In addition, Indover’s operation in Hong Kong is expected to go live for fourth party CLS services in the near future.
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.