BNP Paribas has launched its next generation multi-banks intraday cash sweeping solution. According to the bank, the new version will enable corporate clients to sweep their account balances held with third party banks on an intraday basis. Offering an automated intraday liquidity management gives treasurers the opportunity to invest their cash before market close. Existing multi-banks cash sweeping can either be mono or multi-currency and fully integrated within a BNP Paribas zero balance account.
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.