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EY | News | Banking

An overview of EY news in the UK:

Bank lending to return to growth in 2024 despite inflationary pressures Bank lending to UK businesses and households to return to growth this year, and accelerate over 2025 and 2026, according to a new report from EY.
22 November 2024
Santander ditches EY as financial crime consultant Spanish financial giant Santander has received a refund from EY, after a project involving the firm’s financial crime team allegedly went wrong.
03 October 2023
Wealth managers failing to adapt to ESG needs face client exodus In the face of continued concern about the sustainability of economic activity, just under half of investors still feel wealth managers do not adequately understand their ESG goals.
18 May 2021
EY looks to grow Midlands financial services headcount threefold Global professional services firm EY has announced plans to triple its financial services team in the Midlands by 2020.
14 March 2018
Banks shift focus to growth as regulatory pressure eases A decade later, banks are in a better position to withstand a financial crisis similar to that of 2008, according to a new report.
22 January 2018
Australian bank ANZ spends $20 million on consultants from EY Over the last financial year, leading up to 30th June 2017, the Australia and New Zealand Banking Group (ANZ) spent nearly $20 million on consultants from EY.
06 October 2017
Risk, operations, technology and talent are key banking priorities The new regulatory landscape for banks is almost complete. Banks are now moving towards implementation of the new requirements, as well as compliance.
28 March 2017
Customer services and trust are key areas of concern for incumbent banks Incumbent banks face a considerably more fragmented financial services space as new digital banks and other financial services institutions begin to develop propositions to entice away customers.
10 October 2016
Importance of banking sector is sliding down globally, says EY Banks are across the globe becoming progressively less relevant to their customers.
04 October 2016
Optimism of European banking industry at 4 year low Following the global financial crisis, banks in Europe found themselves in considerable strife.
25 April 2016
EY: Islamic banking growth on the increase across globe Islamic banking, termed participant banking, is outgrowing conventional banking in many of the world’s predominantly Islamic countries.
19 January 2016
EY becomes the first Big4 member of Innovate Finance EY is the first of the Big Four to become a member of the Innovate Finance, an organisation whose aim it is to advance UK based FinTech. EY will help member companies to accelerate their growth and FinTech offerings, as well as helping larger resea
31 August 2015
EY launches Global Innovation Centre in Madrid, Spain Professional services firm EY has opened a Global Innovation Centre in Madrid, Spain.
28 July 2015
Alternative finance market booming, grows to 3 billion Alternative financial markets in Europe came in at €2.9 billion in 2014, with a 144% growth since 2013, a recently released report between EY and the University of Cambridge reveals. With the UK providing the overlarge segment of
02 March 2015
EY replaces Deloitte as Royal Bank of Scotland auditor EY has been selected by Royal Bank of Scotland to replace Deloitte as its auditor as of 2016. The decision follows new regulations that require companies to switch auditors every decade. As a result of EY’s new co
07 November 2014
EY: Bitcoin game changer for financial industry Bitcoins have the potential to be a game changer for the financial services industry. If the governments and the financial sector find the right way to regulate the digital currency munt, then the chances of this happening are relatively high, conclude
16 December 2013
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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