Selco Finance & Industrial Group, a global trading group of base oil products, has signed a contract with Brady, a global supplier of trading, risk management and settlement solutions for commodities, for a complete solution to support the client’s substantial base oil trading.
Selco Finance & Industrial Group was founded in 2003 and has been mainly involved in the trading of refined petroleum products. The team behind Selco Finance & Industrial Group has been in the commodity trading since 1976 and has traded a number of commodities including plastics, fertilisers and various petroleum products. Selco is currently focusing on the trading of base oil used as the raw material for the production of lubricants and in some other industries, such as tire manufacturing.
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.