EY | Global news | Banking

An overview of EY global news:

Middle East

GCC banking sector remains resilient with strong performance in H1 2025 Banks in the Gulf Cooperation Council (GCC) maintained a strong performance in the first half of the year, with sustained profitability, asset quality, and capitalization all improving.
23 October 2025
United Arab Emirates

Emirates Institute of Finance signs deals with Accenture, EY and Microsoft The Emirates Institute of Finance, a UAE-based centre for skills development in the financial services sector, has signed strategic agreements with Accenture, EY and Microsoft.
09 December 2024
Middle East

Three quarters of top 20 banks in MENA have ESG strategies Banks in the Middle East and North Africa (MENA) are increasingly embracing ESG as a key mantra of doing business – but at the same time, they are struggling to put words into action.
13 November 2023
Australia

Digital transformation in financial services sees an upswing Executives and IT decision makers in the financial services industry believe cloud will be the most important technology to the success of their organisations over the next 12 months.
02 January 2022
Europe

EY and Sionic named Europe’s top wealth management consultancies Big Four firm EY and financial services specialist Sionic have been named Europe’s leading wealth management consultancies, taking home the top two awards at the 2021 WealthBriefing Awards.
29 June 2021
Canada

EY Canada buys anti-money laundering specialist Resolution Inc. EY Canada has acquired Resolution Inc., a Montreal-based consulting firm focusing on anti-money laundering. Money laundering and associated crimes cost banks an estimated US$1.4-3.
12 January 2021
Hong Kong

According to EY, most people in Hong Kong trust their banks According to a new study by EY, over half of people in Hong Kong trust their bank, mostly owing to the sector’s steady business performance, commitment to promises and transparency.
22 September 2020
Europe

Alpha FMC, EY and Sionic lauded for wealth management services Three consulting firms – Alpha FMC, EY and Sionic – have been recognised as top consultants to Europe’s asset & wealth management industry.
07 February 2020
India

EY appointed to manage merger of three major banks EY has been called in to help with the mammoth task of merging three major Indian banks – Punjab National Bank, Oriental Bank of Commerce, and United Bank of India.
22 January 2020
Canada

Canadian consumers more than double fintech adoption Canadian consumer fintech (financial technology) adoption increased to 50% in 2019 from just 18% in 2017, a recent report from consulting firm EY found.
13 November 2019
Australia

Australians are increasingly tapping into FinTech services Australia is among six large markets across the globe that have experienced a remarkable jump in the level of financial technology (FinTech) adoption since 2017.
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
Kenya

Barclays Bank of Kenya looks to replace KPMG with EY as external auditors Drawing on the actions of its parent company Absa, Barclays Bank of Kenya is planning to terminate its relationship with global accounting and advisory firm KPMG, which has been its external auditor
08 May 2019
Europe

Swedbank hires EY to conduct forensics into money laundering Swedbank, one of the largest banks in Sweden, has hired professionals services firm EY to investigate the bank’s possible involvement in large scale money laundering.
26 February 2019
Malaysia

Finance institutions in Malaysia most digitally evolved in ASEAN A recent industry survey conducted by Ernst & Young has revealed that the financial organisations of Malaysia have progressed further on their digital transformation journeys than their counterparts
10 September 2018
Asia

EY and the big banks exchange executives with new Asia appointments Professional services firm Ernst & Young and the big banks are exchanging executives in Asia according to recent reports, with ex-CIMB co-head of wholesale banking Mah Kah Loon inbound, and former EY
04 September 2018
Latin America

Brazil and Mexico are the FinTech champions of Latin America Financial institutions, multinationals and investors worldwide are racing to understand how FinTech can benefit their businesses.
07 June 2018
South Africa

South African Banking sector at lowest point since Global Financial Crisis The slump in South Africa’s GDP has affected most sectors of the country’s economy, but perhaps none more so than the banking sector.
19 March 2018
Middle East

Digital wealth managers and robo-advice to command Middle East market Digital wealth managers will control up to a third of the global wealth market by 2025 according to assurance and advisory firm EY, and the Middle East is no exception, with local firms looking to ca
20 February 2018
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

Out now!

Consultancy.org App

Improve your experience.

Now available in your app store.

AppStore

GooglePlay

About Consultancy.uk

Consultancy.org network

Consultancy.org network

Consultancy.org

Consultancy.org is the world’s premier online platform for the consulting industry with 12 websites globally. Consultancy.org works with 600+ leading consultancies in 100+ countries.

AppStore

GooglePlay