PwC | Global news | Financial Services

An overview of PwC global news:

Saudi Arabia

Consumers in Saudi Arabia are happier with their banks Customer sentiment for leading banks in Saudi Arabia has improved in the past year, according to a new study from PwC, which analyzed customer attitudes towards seven leading KSA banks.
16 January 2024
United Arab Emirates

Commercial Bank of Dubai taps PwC for adoption of AI technologies The Commercial Bank of Dubai has selected PwC as its partner for the adoption of AI technologies across the organisation.
28 August 2023
Australia

RBA brings in PwC to sort out staff underpayment issues Already under fire on a number of fronts for its continuous rate-hike response to runaway inflation, the Reserve Bank of Australia has now admitted to underpaying former staff over the past seven yea
23 April 2023
United Kingdom

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
United States

The Sand Dollar is the world's most advanced 'official' digital currency Dozens of unregulated digital – or ‘crypto’ – currencies are floating around and storming financial markets, prompting central banks globally to develop their own, legally-backed digital tokens.
20 May 2021
Europe

Europe’s best government digital currencies: Ukraine and Sweden Ukraine and Sweden are the most mature European markets for central bank-backed digital currencies and coins – the more credible alternative to cryptocurrencies as Bitcoin, Ethereum, and more.
19 May 2021
Asia

PwC's Henri Arslanian on why Bitcoin is breaking records As Bitcoin rallies to record highs, many are looking to make sense of the sudden price boom. PwC’s Global Crypto Leader Henri Arslanian has some answers.
16 March 2021
Middle East

PwC's Experience Centre hosts region's top FinTech start-ups A cohort of eleven start-ups has graduated from a FinTech bootcamp, with the grand finale hosted at PwC’s Dubai based Experience Centre.
03 March 2021
United States

Asset and wealth management industry to grow to $147 trillion by 2025 Global assets under management (AuM) is expected to grow 5.6% per annum from its current level of $110 trillion to $147 trillion in 2025, according to a recent report from PwC.
07 January 2021
Asia

PwC named Asia's top consultancy for risk & compliance services For the second year running, PwC has been named Asia's top consultancy for risk & compliance services in the financial services sector by a leading industry publication.
04 January 2021
United Kingdom

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
United Kingdom

PwC and legal advisers help Travelex restructure its debt Professional services firm PwC has clinched a restructuring deal for Travelex, which appointed administrators earlier in August. The news safeguards around 1,800 jobs in the UK.
17 August 2020
United States

Guidehouse and PwC to support Fed's Main Street Lending Program Management consulting firms Guidehouse and PwC have been selected to help manage the Federal Reserve Bank of Boston’s Main Street Lending Program, which offers loans to small- and medium-sized enterp
17 July 2020
United Kingdom

British Business Bank hires Deloitte, KPMG and PwC Three of the Big Four accounting firms have won contracts to support the British Business Bank, which will pay out £20 million in consulting fees for their work.
17 June 2020
Canada

Canadian banks tackle upskilling as talent worries continue Canadian banks tackle upskilling as talent worries continue As banks increasingly deploy technologies such as data dashboards, chatbots, and analytics, they need to make sure that employees can work
12 March 2020
Australia

OneVue taps PwC and Seaview Consulting for Madison work Fund manager and investment services provider OneVue is working with consultants from PwC and Seaview Consulting in its bid to sell Madison Financial Group, a Sydney-based financial and wealth adviso
20 February 2020
United Kingdom

Financial services incumbents thrive amid industry disruption While digital disruption has upended many customer-centric businesses, financial services incumbents have more than weathered the storm.
12 February 2020
India

PwC's financial services lead John Garvey on India's banking sector Rising proportions of non-performing loans (NPLs), an increasingly pervasive credit crunch and complex restructuring processes are the primary challenges currently facing India’s banking sector.
05 February 2020
Asia

PwC takes home Regulation Asia consulting firm of the year award PwC has taken the consulting firm of the year title at the second Regulation Asia Awards for Excellence, with Synpulse, KPMG, and BearingPoint among the other category winners.
15 November 2019
United Arab Emirates

Deloitte and PwC shine light on financial crime at UAE conferences Financial crime is in the air in Dubai this week – with leaders from Big Four firms Deloitte and PwC sharing their expertise at two separate conferences.
11 October 2019
United Kingdom

Financial sector focuses on digitalisation over Brexit preparations The financial service sector in the UK continues to face tough market conditions, with Brexit uncertainty and regulatory change on the horizon.
05 August 2019
Australia

PwC's Annabelle Mooney returns to investment banking roots Two years after leaving investment banking for merger & acquisition consulting, Annabelle Mooney has returned to her roots.
05 August 2019
Nigeria

Fintech and digital talents are top priorities for Nigeria financial services Productivity is high on the agenda for financial services firms in Nigeria, while the biggest challenge for the sector at present is tackling the growing threat from mobile payment firms and financia
08 July 2019
Singapore

PwC and EY fintech leaders to speak at Money20/20 event in Singapore The respective Asia fintech leaders of Big Four professional services firms PwC and EY will appear among the featured speakers for next week’s Money20/20 event in Singapore.
12 March 2019
United Arab Emirates

UAE banking and finance educators sign MoU with PwC's Academy ME
12 March 2019
United Kingdom

Brexit and looming economic crisis hit financial services optimism The levels of optimism among the UK’s financial services sector remains at a worrying low, according to a new report co-authored by the country’s representative body for business interests.
21 January 2019
Hong Kong

PwC veterans among speakers for 12th Asian Financial Forum in Hong Kong The Asian Financial Forum has kicked off for another year, with a team of senior PwC experts among a range of headline speakers.
14 January 2019
Singapore

Leading global consultants grace the stage for Singapore Fintech Festival
14 November 2018
United Kingdom

Women in financial services look for policy change for career support Over 50% of those polled in a new survey believe that an employee’s gender and or diversity can be a barrier to career progression in financial services.
12 October 2018
Mexico

Strength of Mexican fintech industry displays Latin American potential in Industry 4.0 era Latin America may have skipped a beat whilst Asia reaped the rewards of the internet revolution from the 1990s onwards, however The New World is aiming to capitalise on the fourth industrial revoluti
23 August 2018
India

Macroeconomic and global trends affecting India's ATM industry A new report from global professional services firm PwC has revealed that the ATM industry in India has been a steadily lucrative one over the years.
23 July 2018
United Kingdom

Drones to add £21 billion to UK public sector and financial services New research by PwC suggests that the ‘drone economy’ could add £42 billion to UK GDP by 2030.
29 May 2018

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