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Financial Services news in the UK | Page 11
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No news found.
PPPs can improve risk sharing for natural catastrophes
Natural catastrophes cause considerable human, environmental and economic losses.
07 January 2016
BCG: Transactional-banking revenues grow to 2 trillion
The transactional-banking market is projected to grow $900 billion to almost $2 trillion by 2024, research by BCG shows.
06 January 2016
McKinsey & Company invests in Chinese Ping An Group
As part of its involvement in advising Ping An Insurance’s subsidiary Ping An Property, McKinsey & Company has invested an undisclosed amount into the company, which will be partly used for the compa
05 January 2016
Persistent floods cost India billions in uninsured losses
The human and economic costs of natural disasters can be considerable.
05 January 2016
Business students dropping banking career aspirations
The banking industry is losing popularity among business students as more and more are turning to software and computer services.
05 January 2016
Islamic finances face massive demand boom in Africa
Africa is expected to see a massive population boom, many of whom will grow up Islamic. As such, demand for Islamic products and services on the continent are expected to rise in the coming years.
04 January 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
West Monroe and nCino partner to offer cloud banking
US-based nCino, a fast growing company that provides banking management system, has struck a partnership with West Monroe Partners.
28 December 2015
Arthur J. Gallagher & Co. acquires Centennial Insurance
Arthur J. Gallagher & Co. has acquired US West based Centennial Insurance Agency for an undisclosed sum as part of inorganic expansion in the US.
23 December 2015
Mercer picks up two pensions experts from rival KPMG
As part of Mercer’s expansion in the UK, which has seen it hire sixteen people in recent months, the firm has poached two KPMG pensions experts, Stephen Budge and Tejas Patel.
23 December 2015
Infosys launches FinTech and services centres in Ireland
The FinTech industry in Ireland, already running hot from a wide range of government policies and investor interest, is set to gain another boost.
18 December 2015
Arthur J. Gallagher buys insurance broker in New Zealand
Insurance broker Reid Manson, situated in the central district of New Zealand’s South Island, has been acquired by the New Zealand subsidiary of Arthur J. Gallagher & Co, Crombie Lockwood.
18 December 2015
91% of banks recognise need for digitising retail banking
Nine out of ten banks recognise the benefits of digitalisation for their retail business, research by BearingPoint shows.
17 December 2015
Towers Watson: UK car insurance premiums on the rise
Car insurance premiums for private vehicles are again on the increase, with the most recent quarter seeing a 4.8% (£29) increase to £629. Towers Watson, crunching numbers from Confused.
08 December 2015
Boardrooms largest banks lack technology experience
Less than 6% of boardroom members of the world’s largest banks have professional technology experience, research from Accenture shows. Of the more than 100 banks surveyed across the globe, 43% of boards had no member with professional technol
03 December 2015
FIS and SAP enable wireless payments at gas stations
FIS and SAP have integrated their offerings to allow customers of petrol stations to pay for their fuel wirelessly without having to reach for their wallet.
26 November 2015
Dorel Blitz joins KPMG in Israel as Head of Fintech
FinTech has in recent years drawn considerable attention due to its potential to disrupt the financial services sector.
26 November 2015
Mercer launches marketplace for bulk annuity market
The UK Defined Benefit schemes have had a turbulent time in recent years as low bond yields and interest rates have cut into expected long term returns.
24 November 2015
Nationwide awards five year IT contract to Capgemini
Building society Nationwide has hired Capgemini to support it with transforming its key IT infrastructure.
23 November 2015
Indian insurers spend 2.1 billion on IT and technology
The IT budgets of Indian insurance companies for 2016 is heading towards $2.11 billion, as they spend more on IT products and services, research by Gartner shows.
19 November 2015
Countries with the best pension systems in the world
For the fourth year in a row Denmark has the world’s best pension system, according to a benchmark by Mercer and the Australian Centre for Financial Studies.
16 November 2015
Aon launches the Aon MasterTrust to meet demand
Aon has launched ‘Aon MasterTrust’ for occupational trust-based pension schemes of more than £20 million, on the expectation of an increase in demand for master trusts.
11 November 2015
Berenschot partners with World Bank institution IFC
International Finance Corporation, the globe’s largest development institution focused on the private sector in developing countries, has agreed a partnership with Berenschot, a leading consultancy i
10 November 2015
Banking in-person still preferred by many customers
The proliferation of channels through which banking functions can be performed has increased in recent years with the development of a range of technologies. For some, this suggests doom to the traditional banking channel: the branch. A Protiviti r
10 November 2015
Guy Carpenter launches risk management platform
Insuring risks has been part of business for millennia and many of the world’s assets are insured against calamities. Yet underwriting risk has not always been straight forward.
10 November 2015
Redington launches Will Power & Pensions Panda
Saving for the golden years remains an issue among many people in the UK, even while the length of the golden years increases.
06 November 2015
FIS launches Banking on Demand for financial inclusion
Small financial players such as micro-finance companies provide means for millions of people to gain access to financial services, yet these institution often have difficulties meeting the requiremen
05 November 2015
30 actuarial advisory firms launch GLOBACS network
30 actuarial advisory firms from across the globe have teamed up to launch Global Actuarial & Consulting Services (GLOBACS), a global network that unites the offerings, footprint and expertise of its
03 November 2015
BearingPoint, Capco & Deloitte EURO FINANCE partner
From November 16-20 the EURO FINANCE WEEK takes place in Frankfurt.
29 October 2015
KPMG: Sustainable banking in a rapidly changing world
Banks play a key role in society by providing the capital required for resources to be used and social engagements to flow.
28 October 2015
Collateral optimisation can help banks deal with interest rate changes
Eight years on from the global financial crisis, and banks continue to face a growing number of challenges.
28 October 2015
Six ways retail banks can achieve digital success
Retail banks need to do more to satisfy the expectations of digitally empowered consumers, as more than half are unsatisfied with the performance of their banking institution within the digital space. In a recent article, Cognizant considers six di
27 October 2015
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