Bank of America Merrill Lynch (BofA Merrill) has become a direct member of UK sterling high value clearing. Bank of America, NA London branch is now a direct participant of the UK sterling CHAPS scheme.
BofA Merrill has a multi-year investment in new technology as part of the bank’s continued focus on treasury management, corporate banking and other businesses in key global markets.
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.