Strategic Minerals has appointed Deutsche Bank as successor depositary bank for its Level I American depositary receipt (ADR) programme.
Strategic Minerals is a UK registered resources company focused on the development and supply of iron ore- in particular magnetite – to the world’s industrial markets. The company seeks a balance between near-term marketable magnetite production assets and the significant capital gains growth associated with the exploration and development of prospective deposits.
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.