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| Banking | Page 7
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No news found.
Swiss private banks with midmarket focus face challenging market
The private banking industry in Switzerland remains world leading, and in recent years total assets under management have continued to enjoy steady growth.
12 September 2016
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
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
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
Total global alternative assets under management grows to $6.2 trillion
Total assets managed by alternative investment managers globally has hit $6.2 trillion. The 100 largest players account for nearly 60% of the market, holding a combined $3.6 trillion in assets.
28 July 2016
Millennial and mass-affluence groups most likely to shift from bank
American banking customers are seeking value from their banks, or else they will shift to another provider – a recent survey finds.
11 July 2016
Artificial Intelligence and robotics high on financial services agenda
As financial services organisations predict and plan for the way consumers will manage their money in the future, artificial intelligence (AI) is high on the business development strategy for 2016 an
06 July 2016
Global HNWI wealth hits $60 trillion among 15.4 million people
The wealth of the world’s wealthiest people, those with more than $1 million in non-primary residence based assets, continues its momentous rise. It stood at $59.7 trillion last year, up from $37.2 trillion in 2006.
04 July 2016
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
Comerica hires Boston Consulting Group to deliver strategic plan
The Boston Consulting Group has been hired by US-based bank Comerica to run a strategic review of its expenses and to identify areas of revenue expansion.
29 June 2016
Deloitte unveils plan to build blockchain-based digital bank
Deloitte and ConsenSys Enterprise recently announced the formation of a partnership, aimed at strengthening their respective blockchain proposition to clients.
28 June 2016
European banks improving performance but remain behind the game
The European retail banking sector has seen its operations improve since the hard times that followed the 2008 financial crisis, with the Nordics as particular star performers.
27 June 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
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
How Financial Services can transform to ride the digitalisation wave
Banks and insurance companies that are able to transform themselves will be well placed to benefit from digitalisation.
24 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
Commerzbank hires Infosys to remodel IT architecture
Commerzbank has hired Infosys, in a five year deal, to remodel its existing IT architecture to meet the changing needs of its investment banking customers, through digital technology.
01 June 2016
Fed hires McKinsey to support Faster Payments Task Force
To support the development and roll out of new payment systems in the US, the US Federal Reserve launched the Faster Payments Task Force in 2015.
09 May 2016
University College London secures 280 million line of credit
As part of its long term vision the UCL, in its UCL 2034 strategy, is investing in a number of facility upgrades and expansions, which includes the upgrade of UCL’s Bloomsbury campus and its student centre.
04 May 2016
Deloitte Technology partner Simon Tasker joins Credit Suisse
Changes within the financial landscape that demand digital solutions are seeing large financial institutions turn to attracting transformation and technology talent.
04 May 2016
Infosys provides suite of solutions to Myanmar AGD bank
Asia Green Development Bank in Myanmar has hired EdgeVerve Systems, a subsidiary of Infosys, to provide both back-end and front-end solutions for its banking system.
28 April 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
BCG buys stake in matchmaking platform Opportunity Network
BCG has intensified its partnership with Opportunity Network.
18 April 2016
Dallas Capital Bank hires FIS for frontend upgrade
To gain an edge on the competition, as well as improve access to its services for current customers, the recently rebranded North Texas local bank, Dallas Capital Bank, has hired FIS to deliver a ful
04 April 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 services industry needs holistic digital strategy
Banks and insurers are too slow in responding to the wave of digitisation.
15 March 2016
Implications of PSD2 XS2A adoption for banks industry
For a bank to effectively operate amongst FinTech challengers, it should know exactly what it wants to be to its customers.
01 March 2016
Accenture expands financial services blockchain footprint
Blockchain technology is estimated to have the potential to save the financial services industry up to $20 billion by 2021.
23 February 2016
New regulations are driving payments innovation in UK
The PSD2 (Payments Services Directive 2) and Open API (application programming interface) standards in banking will come into force in the UK (and the wider EU) within two years.
22 February 2016
UK alternative finance market nearly doubles to 3.2 billion
The alternative finance market has enjoyed explosive growth since it arrived on the scene and today a range of platforms provide among others lending, crowdfunding and donation services to business a
22 February 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
Executives in financial services anticipate more shut-eye
Financial services industry executives are being faced with an increasingly complex landscape.
17 February 2016
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