HSBC Global Payments and Cash Management in Macau, has been appointed to provide cash management services to Companhia de Telecomunicacoes de Macau (CTM), a telecommunications service provider in the country. CTM is a joint venture between Cable and Wireless (51%), Portugal Telecom International (28%), CITIC Pacific (20%) and the Macau SAR Government (1%).
HSBC’s cash management offering includes a new cheque outsourcing solution (COS), in addition to payments services delivered via the bank’s Internet-based electronic banking platform, HSBCnet and thereby enhancing the capabilities of CTM’s accounting system and streamlining operations for more efficient processing.
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.