Three central European banks have joined IBOS Association, the international banking alliance, as associate members to offer services in their respective countries and to bring the IBOS service to their existing clients. The three new members of the alliance are: Ceskoslovenska Obchodni Banka in the Slovak Republic; Kredyt Bank S.A. in Poland; and Banka Koper D.D. in Slovenia. As well as being fully capable in servicing the local needs of IBOS clients, all three banks can already participate in cross-border IBOS services within IBOS. CSOB can already support the automated EUR cash sweep, and this is in development at the other two banks.
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.