SEB and Bolero International have extended their agreement that will allow SEB to provide to its global customers a multi-bank automation solution to complement its existing service offerings. SEB has been working closely with Bolero since 2005 and with this agreement the partnership will be extended at both a strategic and tactical level. SEB and Bolero will provide multi-bank services to its customers globally. The Bolero multi-bank service automates the end-to-end lifecycle of the letter of credit and guarantee instruments for both importers and exporters, removing cost complexity, discrepancies and time delays associated with the traditional paper processes or partially electronic processes.
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.