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Financial Services news in the UK | Page 11

An overview of news, trends and research in the Financial Services industry in the UK:

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
Arthur J. Gallagher & Co. acquires KRW Insurance Agency Arthur J. Gallagher & Co. has acquired Illinois-based insurance brokerage KRW Insurance Agency.
22 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
Ebix plans to acquire technology solutions provider Patriot National Global insurance professional and technological services giant Ebix is set to acquire US-based Patriot National.
21 June 2016
Financial services executives launch FinTech consultancy 11:FS There is a new consultancy on the block, 11:FS. The new firm brings together a range of blockchain experts to supply FinTech startups with advisory services.
17 June 2016
Aon supports ThinkHazard! with 31 earthquake data sets Earthquakes can cause immense damage, in severe cases resulting in collapsing structures and a high dealth toll.
16 June 2016
Growing sub-Saharan market to lift demand for insurance services Growth has been swift in sub-Saharan Africa as macroeconomic conditions improve and population growth remains strong.
08 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
Onno Bloemers leads Benelux Insurance practice of Delta Capita The Benelux practice of Delta Capita has strengthened its partner team with Onno Bloemers.
30 May 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
US FinTech firm buys blockchain specialist Elevence Digital Finance Digital Asset Holdings, a US based developer of distributed ledger technology for the financial services industry, has acquired Elevence Digital Finance, a Swiss technology spin-off of BearingPoint.
06 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
CGI supports Copernicus programme to boost insurance data Climate change sometimes comes with blustery weather, causing all kinds of unexpected economic damage – and resultant insurance claims.
05 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
LD&A Jupiter advises on sale of FinTech firm XXImo to Sodexo French multinational Sodexo has acquired XXImo, a Netherlands based FinTech startup. The deal – financial terms have not been disclosed – was advised on by corporate finance firm LD&A Jupiter.
29 March 2016
EY adds FinTech expert Richard Goold to UK legal team EY has picked up FinTech expert Richard Goold, who joins the firm from Wragge Lawrence Graham & Co, and is appointed as Partner and lead for its UK Tech and FinTech practice.
24 March 2016
FinTech is disruptive, but creates both risks and opportunities FinTech presents the financial services with both risks and opportunities.
21 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
Global investments in FinTech startups booms to 19 billion Investment in FinTech startups and scaleups has boomed in 2015, hitting new heights of $19 billion. The VC-backed investment in the sector too hit new heights, at $13.8 billion.
14 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
UK FinTech capital of the world, but competition is heating With a market value of around £6.6 billion, the UK can across the board call itself the FinTech capital of the world.
29 February 2016
Employers making strides in retirement & pension offerings Saving for retirement remains a paramount concern for some, and not much of a concern for many.
29 February 2016
KPMG acquires Australian FinTech company Markets IT Accounting and consulting giant KPMG has acquired Markets IT for an undisclosed sum.
24 February 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

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