Financial Services news in the UK | Page 3

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

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
MJ Hudson acquires Ireland’s Bridge Group International asset management consultancy, MJ Hudson, has acquired Bridge Group.
04 December 2020
11 billion transactions shift to digital payments by 2023 The dramatic shift of consumers away from the use of cash has accelerated once again amid the Covid-19 pandemic.
03 December 2020
5 ways banks can use AI to better serve their customers Emerging technologies such as artificial intelligence – or AI – and deeper AI techniques including machine learning and deep learning are touted to transform the banking industry.
19 November 2020
Keely Woodley leads Grant Thornton's Corporate Finance Advisory arm Grant Thornton has installed Keely Woodley to lead its corporate finance advisory business.
12 November 2020
Dufrain helps Ultimate Finance with improving its reporting IT consultancy Dufrain has designed and delivered a data warehouse platform for a client specialising in SME finance.
10 November 2020
Two-thirds of UK banks have no net zero target While a glut of private and public entities have been publicising plans to become carbon neutral before 2050, a new study has revealed that only around one-third of Britain’s largest banks have net z
09 November 2020
Coeus Consulting supports challenger bank with digital journey Professionals from Coeus Consulting have helped a client in the banking sector find a digital partner, who will help modernise the bank’s core platform to adapt for the challenger bank market.
09 November 2020
Half of UK financial services staff want shift to flexible working More than one-quarter of finance workers want to work from home full time once Covid-19 passes, while one-in-ten are looking to relocate following the pandemic.
04 November 2020
Global market size of digital payments industry soares The number of non-cash transactions, or digital payments, soared worldwide last year to surpass 700 billion – adding up to nearly 100 digital transactions on average in a year for each person on earth.
29 October 2020
Neil Ward & Associates signs partnerships in Europe and Asia UK-based consulting firm Neil Ward & Associates has in the past weeks bolstered its offerings with two new international partnerships.
19 October 2020
European FinTechs face 'existential threat' as funding dries up Despite years of hype declaring FinTech investment was set to experience some endless boom, the bubble looks set to burst amid the current recession.
12 October 2020

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