Citigroup Corporate and Investment Banking have launched TreasuryVision – a web-based cash management tool for corporate treasurers to achieve visibility of their cash position, enabling management of global liquidity and risk across the enterprise. The product has a dashboard frame and analytics toolset that clients can use to view, query and analyze aggregated cash, investment and debt positions across their banks. Global Transaction Services (GTS), a business unit of Citigroup Corporate Investment and Banking, has introduced a new global version of CitiDirect Card Management System, the company’s web-based program for commercial cards account administration. The new system supports more than 10 languages and will initially provide access to consolidated transaction data from 14 countries, offering integrated cross-border card program support and worldwide purchasing and travel details. GTS has also announced a new payment service to meet the needs of organizations and businesses that want to integrate and centralize a variety of payment operations across business units and geographies.
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.