ABN AMRO Mellon Global Securities Services has been appointed by BPF Meubel to provide global custody and related services for assets valued at €1.5bn. BPF Meubel is the primary pension scheme in the Netherlands for employees in the furniture industry. ABN AMRO Mellon was selected as full service provider to BPF Meubel’s assets following a thorough RFP process overseen by consultants Goris & Partners. The full scope of the mandate comprises global custody, investment accounting, Dutch regulatory reporting, online information delivery, performance measurement, attribution, analytics, compliance monitoring and securities lending.
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.