Research from Siemens Financial Services has revealed that liquidity remains the top financial priority for European companies as they focus on obtaining working capital at a reasonable price. In a survey of Europe’s top 1000 company financial managers, Siemens found that gaining liquidity, in an economic atmosphere where lines of credit continue to tighten, was the top financial priority for European businesses through to the end of 2005. The report found that the second top concern for European business was to replace the financial stability of relationship bank lending with other sources of mid- to long-term finance, cushioning those companies from temporary market and economic volatility. Siemens Financial Services also predicts that almost 11 per cent of current relationship lending volumes are expected to have switched to alternative financing approaches (asset-backed finance, leasing, private equity, etc) by the end of 2005 in Europe.
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.