ABN Amro is to offer an expanded suite of outsourcing services for financial institutions. These will include outsourced offerings for corporate account services and securities processing. The bank, which is already a major provider of outsourced and white-labelled trade, treasury and foreign exchange services, will launch the range of new services – as well as the latest versions of its current products – at Sibos in Copenhagen this week. “Clients increasingly choose to expand their product offering and improve client retention by identifying opportunities for outsourcing of non-core operations and use of white-labelled services,” explained Ann Cairns, transaction banking at ABN Amro.
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.