Swedish car manufacturer Saab has chosen an Integrity Treasury Solutions product for its treasury and cash management operations. Saab selected integra-T.com to support the company’s treasury and cash management requirements across its global business activities. These businesses have a strong emphasis on cash management, liquidity forecasting, risk management and IFRS/IAS39 compliance, Integrity said. Saab Treasury is responsible for the group’s liquidity management, internal bank, trading and external management of interest rate and foreign currency risks. Saab has to also manage risks in the order backlog amounting to SEK 46 billion. Export markets account for 65 per cent of the order backlog.
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.