The Royal Bank of Scotland (RBS) has been selected as primary bank with responsibility for a substantial part of the payments and collections of the Dutch ministries. Starting from May 2009, the Dutch government will run more than 66 million transactions per year via RBS.
The new agreement was reached after a European tendering procedure and is valid for a minimum of four years and a maximum of seven years. The two parties signed the contract on 20 February in Amsterdam. The implementation has started – the first ministries and state departments will transfer to RBS accounts on 1 May 2009.
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.