Standard Chartered Bank has announced the execution of the first domestic (onshore) Indian Rupee Foreign Exchange transaction via the Reuters Trading For Foreign Exchange (RTFX) electronic platform. This service, which is aimed at top-tier corporations in the Indian market, is designed to improve workflow for treasurers hedging their foreign exchange exposures. This new FX service follows Standard Chartered’s launch of the first online OIS INR Interest Rate Swap trading service in India last year.
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.