Depozitarul Central, the Romanian central securities depository, has appointed Citi to provide international settlements through the local market infrastructure. The bank says that the service will enable members of Depozitarul Central to settle international securities dual listed in Romania and subsequently international securities listed on other global regulated markets. This new agreement should allow depository members to settle and take custody of international securities with their existing Depozitarul Central accounts. All participants will enhance their ability to execute strategies in global markets through access to a common technology platform leading to economies of scale, increased efficiencies and improved client service.
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.