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Financial Services news in the UK | Page 8
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European banks hit rough waters in 2016 as interest bites
Banks across the EU have seen their income per customer fall by 2.6% on average.
01 August 2017
McKinsey Senior Partner Tim Welsh joins US Bancorp
Tim Welsh, has been handed the role of Vice Chairman of Consumer Banking Sales and Support at US Bank.
28 July 2017
Health insurance costs continue to increase globally
Private health insurance costs have increased above the rate of inflation, with cancer and diseases of the circulatory system blamed as the main cost drivers.
27 July 2017
Swiss banks must cut costs despite healthy 2016 performance
Swiss banks have managed to generate healthy gross operating profit margins, outperforming Western and Southern neighbours.
26 July 2017
Blockchain technology is not just for financial services
If global supply chains are to gain the full benefit of blockchain technology for managing payments and related data, all parties that play a role in global trade must be involved, writes Alexander v
24 July 2017
Insurance experts launch new risk & compliance consultancy
Experts from across the insurance industry have joined forces to launch a new risk and compliance consultancy.
24 July 2017
FinTech collaboration key for banks to survive market disruption
Rapid advances in the financial technology space mean that traditional banking institutions find themselves increasingly open to potentially disruptive competitive forces.
11 July 2017
Capco supports Banco Bradesco with new digital banking platform
Brazilian bank Banco Bradesco has successfully launched a new digital banking platform.
11 July 2017
Banks being forced to find different revenue and operating models
Robert Jan Prins, Director of the Financial Solutions & Services wing of Centric, reflects on the changes in the financial industry and how the IT company supports organisations in the new playing field.
10 July 2017
The five main impacts of 5AMLD regulation for financial institutions
Matt Taylor, a Managing Director in the Risk and Compliance wing of Protiviti, reflects on the impact of the Fifth EU AML Directive (5AMLD) and provides tips how organisations can best prepare for th
27 June 2017
Elixirr and Standard Bank launch international exchange programme
South African banking group, Standard Bank, have seen two employees join management consulting firm Elixirr as part of a new international exchange programme between the companies.
23 June 2017
Canadian banks can do more to spur digital and multi-channel banking
With consumers becoming increasingly tech-savvy, banks have rolled out a number of innovations to help them go about business, however a new study from Oliver Wyman states they could still do more.
13 June 2017
UK Millennials need to save £1 million for comfortable retirement
Around £1 million is needed to retire with a similar quality of life to someone with around £24,000 per year in their mid-20s, a new study from Mazars has revealed.
13 June 2017
Blockchain technology set to transform supply chain and logistics
Blockchain may not be a household word yet, but over the next decade its impact on businesses will rival the transformative capabilities of the Internet.
06 June 2017
Innopay supports Euro Banking Association deliver Open Banking paper
The Euro Banking Association (EBA) has released a new paper into the impact of Open Banking within the industry.
31 May 2017
KPMG acquires FinTech matching platform Matchi
KPMG has acquired FinTech and financial services matching platform Matchi.
31 May 2017
Interest in digital banking offers major opportunities for Gulf banks
The market penetration of the internet in the United Arab Emirates and Kingdom of Saudi Arabia has opened up digital banking channels, the utilisation of which have increased significantly in recent
24 May 2017
Consultants continue to cash in on Irish bank liquidation bonanza
The bill for liquidators and lawyers involved in the winding-down of the Irish Bank Resolution Corporation (IBRC), amounted to €215m in the 47 months leading to the end of 2016, according to a recent
23 May 2017
Former CLS Bank Managing Director Peter Lightfoot joins Elixirr
Peter Lightfoot, former Managing Director of CLS Bank and RBS Short Term Markets, has joined management consultancy Elixirr as a Non-Executive Partner.
23 May 2017
MiFID II also impacts investment firms outside of Europe
Ricardo Cruz, Senior Consultant at Delta Capita, explores the effects MiFID II will have on the business landscape outside of Europe.
18 May 2017
Market Gravity helps Clydesdale and Yorkshire Bank with innovation lab
Clydesdale and Yorkshire Banks has partnered with design consultancy Market Gravity to develop, implement and launch an experiential banking innovation lab on Kensington High Street – Studio B.
17 May 2017
Medical costs continue to spiral for insurance industry
Medical insurers are once more seeing costs rise almost across the board, and while companies are planning a range of wellness and health initiatives for employees, these are unlikely to impact on
16 May 2017
Investment banks continue to lose ground in capital markets industry
Investment banks continue to lose ground in the capital markets industry, new research finds.
09 May 2017
PwC appoints leaders for Analytics, AI, Cybersecurity and FinTech arms
In a bid to expand its footprint in the rapidly growing digital and technology-led innovation space, PwC, one of the major players in the field, has in recent weeks appointed a number of new senior t
09 May 2017
RegTech as a driver for regulatory and compliance cost reduction
The emergence of new technologies in the regulatory space is offering financial services institutions growing possibilities to reduce costs and improve the quality of its regulatory response process,
04 May 2017
Interest in FinTech services highest among younger tech savvy users
The financial services industry has, since the financial crisis, found itself operating in a rapidly evolving environment.
24 April 2017
Asian banking industry assets breaches $50 trillion barrier, top 30 banks
Banks in Asia have, since the start of the decade, enjoyed steady growth to their assets. Total assets increased from around $37 trillion in 2010 to almost $55 trillion last year.
19 April 2017
FinTechs and incumbent FS firms increasingly leveraging partnerships
The financial services landscape is becoming increasingly diverse as FinTechs develop new technologies and business models to woe customers away from incumbent financial players.
10 April 2017
Strategic approach to mergers & acquisitions key for insurance industry
Changes in the insurance industry, largely the result of digitalisation of key processes inside and outside the industry, is creating new incentives to engage with industry and cross industry experti
05 April 2017
Risk, operations, technology and talent are key banking priorities
The new regulatory landscape for banks is almost complete. Banks are now moving towards implementation of the new requirements, as well as compliance.
28 March 2017
Insurance industry to see profits eroded by InsurTechs and digital rivals
The insurance industry is beginning to face the prospect of digital innovation affecting their business models.
22 March 2017
Credit Suisse outsources structured products business to Delta Capita
European bank Credit Suisse has appointed Delta Capita to manage its structured products business across Europe, the Middle East and Africa (EMEA).
21 March 2017
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