PwC | News | Banking | Page 2

An overview of global PwC news:

India

Indian NBFCs need to evolve in line with contemporary market trends Despite an expanding market across India for non-banking financial companies (NBFCs), the number of NBFCs in the country has declined sharply over the last few years, primarily due to dominance of th
19 November 2018
United Arab Emirates

PwC and Commercial Bank of Dubai sign digital innovation deal The Middle East branch of PwC has signed an agreement with the Commercial Bank of Dubai to foster greater digital innovation at the financial services and banking provider.
27 September 2018
India

The industries that draw the most gross bank credit in India Ten industries make up 90% of the credit on offer for the industry division in India’s banking sector, according to a new report from global professional services firm PwC.
03 September 2018
Mexico

Strength of Mexican fintech industry displays Latin American potential in Industry 4.0 era Latin America may have skipped a beat whilst Asia reaped the rewards of the internet revolution from the 1990s onwards, however The New World is aiming to capitalise on the fourth industrial revoluti
23 August 2018
India

Macroeconomic and global trends affecting India's ATM industry A new report from global professional services firm PwC has revealed that the ATM industry in India has been a steadily lucrative one over the years.
23 July 2018
United Kingdom

Drones to add £21 billion to UK public sector and financial services New research by PwC suggests that the ‘drone economy’ could add £42 billion to UK GDP by 2030.
29 May 2018
United States

PwC advises lenders on client engagement in Digital Mortgage 2.0 era An emerging ‘homeownership ecosystem’ will bring technology firms and other outsiders into the mortgage mix, a new report from PwC predicts.
16 May 2018
South Africa

South Africa's Big Four banks record growth in headline earnings On the back of strong growth in the banking sector across Africa, South Africa registered growth in liquidity over the course of 2017, according to analysis conducted by global professional services
02 April 2018
Liberia

PwC and GN Bank host SME financial management seminar in Liberia Global professional services firm PwC has, in collaboration with GN Bank in Liberia, hosted a one-day financial management seminar for budding entrepreneurs in the country.
20 March 2018
United Kingdom

Yorkshire-based motor dealership aims to sue PwC and Lloyds bank for £55 million PwC and Lloyds Banking Group are set to face a £55 million legal battle with a motor dealership which will alleges they colluded to force it out of business.
15 March 2018
South Africa

Regulation, tech and digital innovation to disrupt South African banking In light of digital disruption to the financial sector across the world, major banks in South Africa are stepping up their game to remain relevant and competitive.
20 December 2017
India

Creditors in India hire consultants for bankruptcy proceedings Creditors in India, including the country’s biggest lender State Bank of India (SBI) have hired top consultancy firms such as PwC, KPMG, EY, Deloitte and others at highly generous terms to assist wit
13 July 2017
United Kingdom

Top 10 technology forces that will shape financial services in 2020 Ciaran Kelly, partner at PwC in Ireland, analyses the findings of a report on the real-world implications of FinTech for financial services firms and the areas these firms should prioritise.
03 October 2016
United Kingdom

FinTech spurring banks and payments companies into active change A rapidly transforming payments and funds transfer space, through the possibilities opened by digital technologies – is spurring incumbents to act.
26 September 2016
United Kingdom

FinTechs are growing concern for incumbent banks, collaboration is key Incumbent banks are concerned that FinTech startups will start to eat into their business, a new study finds.
05 September 2016
United Kingdom

Brexit risks London losing its top spot in Europe for financial services London may lose its rank as the most attractive destination for financial services firms in Europe, following a possible Brexit.
29 August 2016
United Kingdom

Wealth managers overestimate their skills and face digital disconnect Wealth managers seeking to please their HNWI clients may need to consider how changes in demographics are affecting expectations around technology.
30 June 2016
United Kingdom

Andrew Kail leads Financial Services practice of PwC in UK PwC’s UK Financial Services practice has, per 1 July 2016, appointed Andrew Kail as its new leader. Kail, who succeeds Kevin Burrowes, has more than 25 years of financial services experience.
27 June 2016
United Kingdom

PwC establishes blockchain team at its Belfast office The potential for blockchain technologies, the public ledger underlying cryptocurrencies like bitcoin, in the financial and public sectors are significant.
09 February 2016
United Kingdom

PwC: Correspondent banking facing existential crisis Following the 2008 banking crisis and the more recent Libor rating scandal, as well as the increasing sophistication of international criminal syndicates, regulators have clamped down on internationa
04 February 2016
United Kingdom

Biggest share of tax paid by banks from employment Foreign banks pay the biggest share of tax collected, from the banking industry, to the HMRC, with the largest contribution coming in from taxes collected from their employees’ wages, research by PwC
05 October 2015
United Kingdom

Simon Hunt leads PwC Banking and Capital Markets unit PwC has appointed Simon Hunt as its new UK banking and capital markets leader. Hunt will focus on advising PwC’s UK clients on the challenges they might face in the changing banking landscape following regulatory reforms and rapidly developin
06 July 2015
United Kingdom

PwC: Financial services unattractive for young females Female millennials are less inclined to join the financial services industry as they feel this sector lacks in diversity, something that is high on their wish-list when it comes to choosing an employer, research by PwC shows. According to the firm,
29 June 2015
United Kingdom

PwC: Top three challenges for global capital markets Increasing the profitability of clients, the impact of technologies and attracting and retaining talent are the top three challenges for traditional capital market players as is shown by PwC.
16 June 2015
United Kingdom

PwC Consulting under fire in the US for misconduct Consulting firms hired to investigate banks find themselves often in a difficult position; they are handpicked and paid by the same people they are supposed to investigate. PwC Consulting US has recently come under fire for watering down
21 August 2014
United Kingdom

Barclays may leave accountant PwC after 117 years British bank Barclays is considering re-tendering the audit contract with PwC. The accounting firm has been involved with auditing the bank for over 117 years. PwC has contractual relationship with Barclays since 1896, and it r
19 March 2013
United Kingdom

PwC: European banks have 1000 billion euro in poor loans By the end of the year 2011, European banks had a record amount of over €1000 billion in poor loans registered in their book keeping system. This is a growth of over 10% compared to a year earlier and even a doubling when compared to 2008. This is
30 August 2012
United Kingdom

Spain is hiring Big4 firms for independent audit banking Spain has picked the "Big Four" accounting and consulting firms PwC, Deloitte, KPMG and Ernst & Young to carry out independent detaile
07 June 2012

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