Standard Chartered has been appointed as the clearing bank for the Dubai International Financial Exchange (DIFX), the stock exchange located inside the Dubai International Financial Centre (DIFC). The DIFX plans to begin trading securities on 26th September 2005, using the US dollar. It chose Standard Chartered in preference to rival bids from a number of other international banks. As the DIFX’s clearing bank, Standard Chartered will process all cash receipts and payments for DIFX-appointed settlement banks under a tri-partite agreement between the DIFX, the clearing bank and each settlement bank.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.