Boston Consulting Group | Global news | Financial Services

An overview of Boston Consulting Group global news:

Middle East

Middle East asset management sector grows 13% to $2.3 trillion The global asset management industry’s assets rose to nearly $120 trillion in 2023, with the Middle East’s asset management sector among the fastest growing in the landscape.
02 September 2024
Germany

Deutsche Bank division cuts external consultancy spend by 70% Deutsche Bank’s private banking division has slashed spending on external consultants by 70% under its new head, Claudio de Sanctis, as part of a broader effort to boost profitability following a fai
08 July 2024
France

Worldline working with BCG to reshape its strategic plan Paris-headquartered Worldline, one of the world’s largest payment services companies, has called on Boston Consulting Group (BCG) to help shape a new strategy that can restore the group’s image.
25 January 2024
India

Spice Money taps BCG to support new financial services platform Spice Money, an Indian rural-focused financial services company, has tapped Boston Consulting Group (BCG) to help develop a new digital financial services platform aimed to benefit its Indian custome
27 October 2023
India

Indian fintech industry to become $190 billion sector by 2030 Boston Consulting Group forecasts that Indian fintech companies, propelled by the expanding market demand driven by financial inclusion, will likely generate aggregate revenues of up to $190 billion
23 October 2023
Saudi Arabia

Saudi Arabia’s banking sector set for further gains Following a boom last year, Saudi Arabia’s banking sector is set for further gains in the coming years, according to a forecast by Boston Consulting Group.
23 May 2023
Greece

Attica Bank reveals BCG-developed strategic plan Greek bank Attica Bank has unveiled early details of its new strategy for the coming years.
27 June 2022
Australia

HCF works with BCG Digital Ventures on new insurance offering Flip Australian health insurer HCF has joined with BCG Digital Ventures to launch insurtech start-up Flip, which offers innovative on-demand injury cover designed for active young Australians.
22 November 2021
Europe

Decentralised finance a tremendous opportunity for Europe Although limited in its value for financial services so far, blockchain-based decentralised finance might be a boon for Europe’s small and medium enterprise (SME) segment. BCG Platinion and Crypto.
02 December 2020
France

BCG and Roland Berger advise on Ardian's Finaxy acquisition French private equity firm Ardian has acquired a majority stake in Finaxy, one of France’s ten largest insurance brokers. Operating under the ownership of private equity is not new for Finaxy.
24 August 2020
United States

Asset managers post strong 2019, as uncertain 2020 continues Though assets under management (AuM) grew by 15% in 2019, economic turmoil from the pandemic will force asset managers to adapt in a number of ways, according to Boston Consulting Group’s annual repo
01 June 2020
Europe

Four ways banks can improve risk & compliance efficiency Financial penalties paid by large banks to supervisory bodies and regulators has in the past decade amounted nearly $400 billion, according to a report by Boston Consulting Group.
24 April 2020
Asia

Former BCG country head Douglas Jackson recruited to Standard Chartered Standard Chartered has recruited former BCG Vietnam head Douglas Jackson as its new managing director for group strategy – marking the latest in a string of consultant signings.
10 February 2020
Singapore

Leading global consultants grace the stage for Singapore Fintech Festival
14 November 2018
Europe

European banking industry faces another dip in economic profit Economic profit remains difficult to generate in global banking.
15 March 2018
India

BCG supports Karnataka Bank with business transformation In a bid to tackle market disruption and keep pace with trends in the banking and finance industry, Karnataka Bank has embarked on a transformation journey, with a focus on modernisation.
12 December 2017
India

Government backed IDBI Bank hires BCG for organisational turnaround In a bid to reverse its declining fortunes, IDBI Bank has partnered with the Boston Consulting Group (BCG) to help boost its financial performance.
11 October 2017
Middle East

Middle East and Africa private wealth to reach $12 trillion, says BCG Private Wealth in the Middle East and Africa (MEA) region is set to expand rapidly over the next five years to reach a staggering figure of $12 trillion, according to a report from the Boston Consulting Group.
14 June 2017
Canada

Canadian Mint hires BCG to sell off MintChip digital currency The Boston Consulting Group has been hired by the Royal Canadian Mint to manage the divestiture of its MintChip digital currency.
12 September 2014

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