An office in Tokyo has been opened by Markit Group Limited (Markit). Katsumi Mizutani, who will head the Tokyo office, will be responsible for business development in Japan. Mizutani will focus on bringing in additional contributors and subscribers to the Markit pricing and valuations services across all asset classes. He commented: “Japanese financial institutions are under increasing pressure from regulators to adopt more rigid risk management standards, given their growing exposure to derivatives and illiquid assets. In light of this focus, there has never been a greater need for robust, independent pricing and valuations in Japan.”
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.