The Association for Financial Professionals (AFP), in conjunction with IBM and Deutsche Bank, released the results of the first in a series of treasury benchmarking surveys comparing the performance of organisations’ treasury operations against those of their peers. Over 400 AFP professionals received customised benchmarking reports comparing their companies’ operations with those of their relevant peer group, as well as with all other study participants. AFP president and CEO, Jim Kaitz, said “The treasury profession plays a major strategic role within organisations, and these benchmarking surveys provide treasury and finance professionals with measures for comparing business entities’ performance, pinpointing performance gaps, and evaluating improvement opportunities at a strategic level.” Aggregate results of the initial study will be presented at the 2008 AFP Annual Conference in Los Angeles from October 19-22.
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.