PwC | News | Banking

An overview of global PwC news:

Europe

European banks unite to issue a euro stablecoin – supported by Strategy& and PwC Nine major European banks have joined forces to develop a new euro-denominated stablecoin, in a move aimed at strengthening Europe’s position in the digital asset ecosystem and countering America’s m
15 October 2025
South Africa

South Africa’s largest banks exhibit growth and resilience in first half of 2025 The first half of 2025 was a period of strategic navigation for South Africa’s major banks.
15 September 2025
Middle East

How banking can unite with telecom for a stronger defence against fraud With fraud on the rise and increasingly complex across the Middle East, banking institutions must adopt more intelligent responses smarter – including building cross-industry solutions.
04 September 2025
Saudi Arabia

Consumers in Saudi Arabia are happier with their banks Customer sentiment for leading banks in Saudi Arabia has improved in the past year, according to a new study from PwC, which analyzed customer attitudes towards seven leading KSA banks.
16 January 2024
United Arab Emirates

Commercial Bank of Dubai taps PwC for adoption of AI technologies The Commercial Bank of Dubai has selected PwC as its partner for the adoption of AI technologies across the organisation.
28 August 2023
Australia

RBA brings in PwC to sort out staff underpayment issues Already under fire on a number of fronts for its continuous rate-hike response to runaway inflation, the Reserve Bank of Australia has now admitted to underpaying former staff over the past seven yea
23 April 2023
United Kingdom

Most central banks considering own digital currency One-in-eight of the world’s central banks have considered launching a central bank digital currency, according to a new study.
21 April 2022
Canada

Federal government appoints PwC's Abraham Tachjian as open banking lead Department of Finance Canada has appointed Abraham Tachjian, a director at PwC, as open banking lead.
28 March 2022
Europe

Europe’s best government digital currencies: Ukraine and Sweden Ukraine and Sweden are the most mature European markets for central bank-backed digital currencies and coins – the more credible alternative to cryptocurrencies as Bitcoin, Ethereum, and more.
19 May 2021
Asia

PwC's Henri Arslanian on why Bitcoin is breaking records As Bitcoin rallies to record highs, many are looking to make sense of the sudden price boom. PwC’s Global Crypto Leader Henri Arslanian has some answers.
16 March 2021
Middle East

PwC's Experience Centre hosts region's top FinTech start-ups A cohort of eleven start-ups has graduated from a FinTech bootcamp, with the grand finale hosted at PwC’s Dubai based Experience Centre.
03 March 2021
Asia

PwC named Asia's top consultancy for risk & compliance services For the second year running, PwC has been named Asia's top consultancy for risk & compliance services in the financial services sector by a leading industry publication.
04 January 2021
United Kingdom

Two-thirds of UK banks have no net zero target While a glut of private and public entities have been publicising plans to become carbon neutral before 2050, a new study has revealed that only around one-third of Britain’s largest banks have net z
09 November 2020
United States

Guidehouse and PwC to support Fed's Main Street Lending Program Management consulting firms Guidehouse and PwC have been selected to help manage the Federal Reserve Bank of Boston’s Main Street Lending Program, which offers loans to small- and medium-sized enterp
17 July 2020
United Kingdom

British Business Bank hires Deloitte, KPMG and PwC Three of the Big Four accounting firms have won contracts to support the British Business Bank, which will pay out £20 million in consulting fees for their work.
17 June 2020
Canada

Canadian banks tackle upskilling as talent worries continue Canadian banks tackle upskilling as talent worries continue As banks increasingly deploy technologies such as data dashboards, chatbots, and analytics, they need to make sure that employees can work
12 March 2020
Middle East

Financial crime on the up in the Middle East, shows PwC survey Fraud and financial crime is on the rise in the Middle East, according to the latest survey from professional services firm PwC, but there may be some broader local issues hidden in the data.
06 March 2020
United Kingdom

PwC appointed to probe Goldman Sachs reporting The Prudential Regulation Authority (PRA) is understood to have appointed PwC to undertake a "skilled person's report" on Goldman Sachs International.
03 March 2020
India

PwC's financial services lead John Garvey on India's banking sector Rising proportions of non-performing loans (NPLs), an increasingly pervasive credit crunch and complex restructuring processes are the primary challenges currently facing India’s banking sector.
05 February 2020
Asia

PwC takes home Regulation Asia consulting firm of the year award PwC has taken the consulting firm of the year title at the second Regulation Asia Awards for Excellence, with Synpulse, KPMG, and BearingPoint among the other category winners.
15 November 2019
Australia

JP Morgan poaches three dealmakers from PwC When Annabelle Mooney early August announced she was leaving PwC for investment banking giant JP Morgan, her employer PwC was understandably disappointed.
16 October 2019
Ghana

PwC Director to support Bank of Ghana implement insolvency procedures The Bank of Ghana is clamping down on insolvent financiers in the country, and is looking to wind down these operations smoothly.
20 August 2019
Myanmar

Big-name consultancies in running for Myanmar banking contract Myanmar’s central bank has shortlisted Roland Berger and three of the Big Four for an advisory role in the country’s move to reform its banking sector.
06 August 2019
United Kingdom

Financial sector focuses on digitalisation over Brexit preparations The financial service sector in the UK continues to face tough market conditions, with Brexit uncertainty and regulatory change on the horizon.
05 August 2019
Australia

PwC's Annabelle Mooney returns to investment banking roots Two years after leaving investment banking for merger & acquisition consulting, Annabelle Mooney has returned to her roots.
05 August 2019
South Africa

Analysis of how major banks in South Africa have performed last year Following reports that the South African financial services firms ended last year with modest growth, new analysis from global professional services firm PwC has reported that the major banks in the
27 May 2019
South Africa

South Africa's major banks registered modest growth and diversification last year Global professional services firm PwC has released its latest analysis of the forum Major Banks in South Africa – Absa, FirstRand, Nedbank and Standard Bank – and has found them amid stable growth an
26 March 2019
United Kingdom

Bank of England orders Visa to hire PwC after IT error Multinational financial services corporation Visa has been instructed to hire consultants to help complete the recommendations of an independent review, following an IT outage that caused chaos in 20
18 March 2019
United Arab Emirates

UAE banking and finance educators sign collaboration with PwC’s Academy The Emirates Institute for Banking and Financial Studies has formed a strategic partnership with PwC's Academy.
12 March 2019
South Africa

Increasing productivity is the way to go for financial services firms As the financial services sector in South Africa looks to sketch a path to recovery following a period of sustained struggle, global professional services firm PwC has revealed that a focus on increa
25 February 2019
Canada

Canadian banks see revenue grow 6.1% to $159 billion in FY18 According to a recent analysis from PwC Canada, the Big Six Canadian Banks increased total revenues by 6.1%, reaching a collective $159 billion compared to the previous year’s $149 billion.
31 January 2019
United Kingdom

Brexit and looming economic crisis hit financial services optimism The levels of optimism among the UK’s financial services sector remains at a worrying low, according to a new report co-authored by the country’s representative body for business interests.
21 January 2019

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