Oliver Wyman | News | Financial Services

An overview of Oliver Wyman news in the UK:

Orchestrating Open Banking for platform growth: 2026 outlook Open Banking has moved from compliance to commercialisation. PSD2 established the baseline.
18 November 2025
Innopay strengthens Oliver Wyman payment consulting wing Oliver Wyman has acquired payment advisory firm Innopay. The move will complement Oliver Wyman’s existing payments consulting capabilities, and concludes for an undisclosed fee.
05 March 2024
London Metal Exchange hires Oliver Wyman to review nickel trading On rare occasions, securities exchanges sometimes halt trading, or even cancel transactions when technology glitches and human errors cause one-off mistakes.
27 June 2022
Oliver Wyman named world’s top advisory firm to central banks Global strategy and management consulting firm Oliver Wyman has bagged a major award in the financial services industry, named the top consultancy to central banks around the world.
28 April 2021
Financial services could unlock $700 billion by better serving women Financial services companies are costing themselves as much as $700 billion every year by failing to take adequate steps to better understand the needs of female clients.
27 November 2019
Mercer and Oliver Wyman helping UN with decarbonising financial services The United Nations has hired consulting firms Mercer and Oliver Wyman to serve as expert advisors on a project examining climate-related risks and opportunities for financial institutions.
19 April 2018
Wave of client requests due to GDPR may overwhelm banks Banks are facing a major compliance challenge after GDPR comes into force.
14 November 2017
Oliver Wyman and PwC named insurance consulting firms of the year Reactions Magazine, a global publication for the insurance and reinsurance trade industry, has named Oliver Wyman and PwC consulting firms of the year during its annual awards ceremony.
23 October 2017
China sees investments in FinTech market grow to $6.4 billion Chinese FinTech investment has boomed, topping $6.4 billion last year.
02 October 2017
UK may lose 40,000 investment banking jobs to 'Brexodus' The UK financial sector could face as many as 75,000 job losses and drops in revenue of up to £50 billion if hard Brexit becomes a reality.
02 August 2017
Swiss banks must cut costs despite healthy 2016 performance Swiss banks have managed to generate healthy gross operating profit margins, outperforming Western and Southern neighbours.
26 July 2017
Canadian banks can do more to spur digital and multi-channel banking With consumers becoming increasingly tech-savvy, banks have rolled out a number of innovations to help them go about business, however a new study from Oliver Wyman states they could still do more.
13 June 2017
Asian banking industry assets breaches $50 trillion barrier, top 30 banks Banks in Asia have, since the start of the decade, enjoyed steady growth to their assets. Total assets increased from around $37 trillion in 2010 to almost $55 trillion last year.
19 April 2017
Emerging market retail banking to grow by $450 billion by 2020 The retail banking industry has enjoyed fierce growth across emerging markets over the past decade, averaging a CAGR of 18%.
06 December 2016
Former Oliver Wyman consultant Mike Dargan appointed CIO at UBS UBS has hired former Oliver Wyman consultant Mike Dargan as its head of Information Technology.
21 September 2016
Wealth managers to see hit on back of multiple market changes Asset managers face an uphill battle to retain their hefty profit margins, according to new analysis.
22 August 2016
Oliver Wyman supports Kuwait prepare bonds for international sale Kuwait is turning to the international bonds market to plug its budget deficit as the oil dependent country bears the brunt of the commodity’s low price.
27 June 2016
Financial services still run by old boys, as women step out to care Gender disparity within the business world remains a seemingly intractable problem, with slow progress towards parity at the top.
21 June 2016
1 trillion value shift set to hit financial services industry The internet, digitalisation and other major changes brought about from technology are rapidly transforming a host of industries, paving the way for new disruptive business models.
29 March 2016
Financial fines of banks reaches 150 billion in 5 years Financial institutions have coped a lot of flak in recent years, following their dubious activity resulting in the financial crisis as well as a range of fraudulent activities on the heels of the cri
18 February 2016
Oliver Wyman to advise on sale of rescued Italian banks Following the collapse of four Italian banks due to a range of bad loans, special EU sanctioned tools were instantiated to deal with their bad debts and recapitalise them in an orderly manner.
02 February 2016
Oliver Wyman 20x more expensive than Deloitte Bulgaria Over the past months, three consulting firms, Oliver Wyman, Deloitte and Mazars, bid against each other to win a major bank stress testing project for the Bulgarian central bank.
04 January 2016
BNP Paribas turns to Oliver Wyman and BCG for revamp To revamp its costs-to-income profile, French bank BNP is seeking to cut costs by 20% by 2019, while also increasing revenues. To bring its ambition to reality, the bank hired consultancies Oliver Wyman and the Boston Consulting Group. Already set
01 September 2015
Right incentive system crucial for Financial Services Complexity is in the nature of the financial services beast, however, with the right incentives, it can be managed. New rules around bonuses, according to Oliver Wyman, may have the opposite of their intended effect, incentivising generalised centr
21 July 2015
BBA hires Oliver Wyman to review UK banking sector The British Bankers Association has commissioned Oliver Wyman to conduct an in-depth study on the competitiveness of the UK banking sector. The research, which will be led by the firm’s Vice President Hector Sants, aims at uncovering scenario
29 June 2015
European retail and SME credit passes 10 trillion mark The retail credit market has seen modest growth since the credit crisis, up 9% from €9.3 trillion in 2007 to €10.1 trillion in 2013. However, since the crisis particularly southern E
26 May 2015
Oliver Wyman: Fix industry, not women, for diversity The number of female senior roles is the lowest in the financial services industry, with women less than half as likely as men to progress from a mid-level to a senior level position, concludes consu
05 January 2015
Oliver Wyman: Men dominate ExCos of financial services Despite substantial diversity efforts in the financial services industry, the top of the sector remains a male dominated world, reveals a research by Oliver Wyman.
08 December 2014
Oliver Wyman partner becomes CRO of BNY Mellon Global investments company BNY Mellon has appointed James Wiener as Senior Executive Vice President and Chief Risk Officer. Wiener joins BNY Mellon from Oliver Wyman, where he was Partner and Head of the North American Public Policy Practice, and s
04 November 2014

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