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Financial Services news in the UK | Page 2
An overview of news, trends and research in the Financial Services industry in the UK:
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AFRY Management Consulting
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The top UK cities for careers in the finance sector
London has long dominated the finance landscape of the UK, and new research reinforces its reputation as the best city to build a financial advisory career.
02 May 2022
Thousands of finance jobs leave London for EU
After the UK left the European Union, many sources speculated the move could provoke an exodus of financial jobs from the country.
25 April 2022
Most central banks considering own digital currency
One-in-eight of the world’s central banks have considered launching a central bank digital currency, according to a new study.
21 April 2022
Mastercard launches major recruitment drive for crypto consultants
As Mastercard prepares for a future where cryptocurrency is more regularly traded, it has commenced a 500-strong recruitment drive within its payments consulting practice.
25 February 2022
Four steps for financials to meet climate disclosure requirements
From the 6th of April 2022, the largest UK registered companies and financial institutions will be required to share climate-related information on a mandatory basis in their annual financial reports
18 February 2022
eToro selects Regnology for tax solution
Regnology has announced a new partnership with online broker eToro. The former RegTech wing of BearingPoint struck out as an independent brand over the last 18 months.
31 January 2022
How tech and culture enable mid-tier consultancies to dream big
David Collins is the Managing Director, managed services and consulting, at rapidly growing professional services firm First Derivative.
23 December 2021
Customer loyalty a missed opportunity for digital-first banks
Jehan Sherjan, Insights Director at business advisory SRM Europe, outlines why customer loyalty – or more precisely, failing to build a loyal consumer base – is a missed opportunity for digital banks
26 October 2021
Woodhurst launches Open Finance community
Digital transformation consultancy Woodhurst has launched a new Open Finance community.
29 September 2021
Atos and IBM work to boost Cloud migration in financial services
Professional services firms Atos and IBM have announced the creation of a new Atos Cloud Centre of Excellence.
20 September 2021
CubeMatch acquires financial advisory firm Bishopsgate
Financial services change management consultancy Bishopsgate Financial has been acquired by CubeMatch.
11 August 2021
EY plans to grow its financial services business in EMEIA
EY’s financial services business is expected to add 3,000 roles to its Europe, Middle East, India and Africa headcount.
08 July 2021
Financial services client taps Coeus for end-user assessment
Coeus Consulting has delivered a thorough assessment of End-User Services for a client in the financial services industry.
05 July 2021
Baringa sells Climate Change Scenario Model to BlackRock
Baringa Partners has agreed for BlackRock to acquire its Climate Change Scenario Model, which will be integrated into BlackRock’s Aladdin Climate technology.
24 June 2021
Pandemic hamstrings sustainability efforts of UK banks
Many UK banks are pushing sustainability down the agenda due to Covid-19, according to a new report.
16 June 2021
Five industries that can benefit from lean and six sigma
Since their early beginnings in automotive, Lean and Six Sigma have grown into one of the most applied performance improvement methodologies.
14 June 2021
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
Capita Consulting helps FSCS rapidly assess compensation claims
Capita Consulting was tapped by the Financial Services Compensation Scheme to help it transcribe hundreds of thousands of audio files to review compensation eligibility among consumers.
10 May 2021
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
British Business Bank spent millions on management consultants
The British Business Bank has splashed out millions on management consultants in corona year 2020.
26 April 2021
The benefits of working agile in the insurance industry
The intense disruption of the pandemic has shown the many benefits of agile working when it comes to crisis management.
15 April 2021
Coeus helps financial services client with digital transformation
Coeus Consulting has delivered a digital transformation projects on behalf of a client in the financial services industry.
07 April 2021
Nine-in-ten bank boards lack professional technology experience
Around 90% of board directors at leading banks have confessed to lacking professional technology experience.
06 April 2021
Davy taps A&M for forensic investigation into operations
Alvarez & Marsal has been appointed by Davy to carry out an independent internal review of its operations, including relevant staff trading, over the past seven years.
30 March 2021
Why banks should start preparing for operational resilience
Regulatory activity in the financial services industry is undergoing a profound shift to focus on risks arising from technology.
16 March 2021
Why data and strategic procurement are key for digital banking
As the UK emerges from the latest lockdown, what does reality look like for today’s banks? In short, the answer is – a challenging one, writes Toby Munyard, Vice President at Efficio Consulting.
09 March 2021
Bovill adds Qomply’s solutions to regulatory consultancy offering
Bovill has agreed a partnership with Qomply, enabling the firm to add Qomply’s regtech solutions to its financial services regulatory consultancy offering.
11 February 2021
10 powerful women in professional services: Wealth industry
City Wealth has unveiled the 2021 edition of its annual ‘Powerwomen’ list – a list of female leaders in the UK’s asset and wealth management sector.
04 February 2021
Open Finance presents major opportunities for financial services
Around 4 out of 10 individuals in the UK feel anxious, worried or stressed about their financial situation.
19 January 2021
Covid-19 aftermath could wipe off $4.7 trillion from banking sector
The global banking sector faces a multi-trillion stress-test in the coming three years, according to a new review of the industry by consulting giant McKinsey & Company.
13 January 2021
Pricing model change needed post-Libor
With massive regulatory changes ahead for the financial services sector with regards to pricing, many operators are still looking to adapt to the situation with an outdated siloed approach.
16 December 2020
Duff & Phelps acquires Blackrock Expert Services Group
Global consulting firm Duff & Phelps has acquired Blackrock Expert Services Group, a London-headquartered firm specialised in disputes and expert advisory.
09 December 2020
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