BOC International Holdings Limited (BOCI) has implemented the IT2 treasury management system, providing an integrated best practice solution for front-to-back office processing. BOCI, which specialises in investment banking, is a wholly owned subsidiary of Bank of China Ltd. It has an issued share capital of US$450m, and owns subsidiaries in Singapore, Hong Kong, London and New York. The BOCI Group’s sales network covers most major Chinese cities, including Beijing, Shanghai, Guangzhou and Chongqing. BOCI offers a full range of investment banking products and services to its rapidly expanding client base.
BOCI’s treasury team is staffed by over 12 professionals. Their core role is to provide working capital to the foreign and domestic subsidiaries.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
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.