ABN AMRO has announced that Natexis Banques Populaires has gone live as the first CLS third party participant in France. The bank has now completed extensive testing and controlled live processing, allowing it to process approximately 420 trades via CLS Bank per day, according to ABN AMRO. This figure is expected to increase to approximately 550 trades per day, added the bank. Indover Bank recently went live as the first Continuous Linked Settlement (CLS) third party participant in the Netherlands.
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.