PwC press room > Financial services > News releases http://press.pwc.com/News-releases/Financial-services 030ca3fa-4bde-4577-a488-85aafef5f702/Technological Change and Cyber Risk Overtake Regulation as Top Risks for Insurers http://press.pwc.com/News-releases/technological-change-and-cyber-risk-overtake-regulation-as-top-risks-for-insurers/s/030ca3fa-4bde-4577-a488-85aafef5f702 Technological Change and Cyber Risk Overtake Regulation as Top Risks for Insurers The CSFI’s latest Insurance Banana Skins 2017 survey, conducted with support from PwC, surveyed 836 insurance practitioners and industry observers in 52 countries. ]]> 5/30/2017 12:06:00 AM 3baaa21b-58a5-4c80-b4bd-34f9bff36a3a/London regains position as Europe’s most active exchange for IPOs, but IPO activity remains subdued across Europe http://press.pwc.com/News-releases/london-regains-position-as-europe-s-most-active-exchange-for-ipos---but-ipo-activity-remains-subdued/s/3baaa21b-58a5-4c80-b4bd-34f9bff36a3a London regains position as Europe’s most active exchange for IPOs, but IPO activity remains subdued across Europe 53 European IPOs raised € 4.5bn in Q1 2017, an increase of € 1.0bn, or 28% as compared to the € 3.5bn raised by 50 IPOs in Q1 2016. The London Stock Exchange was the most active European exchange... ]]> 4/9/2017 11:01:00 PM 300861f9-9332-409b-b15c-89053923d48b/Financial services organisations need to 'walk the diversity talk' to tap into the whole talent market http://press.pwc.com/News-releases/financial-services-organisations-need-to--walk-the-diversity-talk--to-tap-into-the-whole-talent-mark/s/300861f9-9332-409b-b15c-89053923d48b Financial services organisations need to 'walk the diversity talk' to tap into the whole talent market 76% of FS employers are actively trying to attract female talent But only 36% have seen a rise in female applicants and only 25% have been able to recruit more experienced women Research... ]]> 3/27/2017 2:31:00 PM fc2d8b78-c72d-47b2-b6a7-86b32b51366d/Asset and Wealth Management confidence high but slow adoption of technology change could threaten growth http://press.pwc.com/News-releases/asset-and-wealth-management-confidence-high-but-slow-adoption-of--technology-change-could-threaten-g/s/fc2d8b78-c72d-47b2-b6a7-86b32b51366d Asset and Wealth Management confidence high but slow adoption of technology change could threaten growth 65% say technology will impact or reshape competition within five years Only 10% are prioritising improving digital skills and capabilities Confidence in the 12 month and three year outlook for... ]]> 2/20/2017 8:41:00 AM e771eccb-14bf-4b46-bcad-0f86d0d9df6c/Technology increases skills gap in financial services and threatens growth http://press.pwc.com/News-releases/technology-increases-skills-gap-in-financial-services-and-threatens-growth/s/e771eccb-14bf-4b46-bcad-0f86d0d9df6c Technology increases skills gap in financial services and threatens growth New approaches to hiring and development needed in sector Deep seated shift in culture, including diversity and inclusion needed to progress Nearly three quarters of Financial Services business... ]]> 2/20/2017 8:26:00 AM d49563c9-65fd-4304-935e-624e2ea67033/Banking and Capital Markets CEOs confident about growth, while costs have to be cut further and faster than ever before http://press.pwc.com/News-releases/banking-capital-markets-ceo-confident-about-growth-while-costs-have-to-be-cut/s/d49563c9-65fd-4304-935e-624e2ea67033 Banking and Capital Markets CEOs confident about growth, while costs have to be cut further and faster than ever before Banking and Capital Markets CEOs are positively optimistic about their growth prospects in the year ahead. 40% are very confident that they’ll achieve revenue growth over the coming 12 months. ]]> 2/20/2017 8:06:00 AM ba563c55-255c-4264-8d8a-b5df34d59332/Insurance CEOs embrace disruption, reveals PwC survey http://press.pwc.com/News-releases/insurance-ceos-embrace-disruption--reveals-pwc-survey/s/ba563c55-255c-4264-8d8a-b5df34d59332 Insurance CEOs embrace disruption, reveals PwC survey Insurance CEOs are more concerned than those in any other sector about threats to their growth prospects, but they are among the readiest to embrace disruption. ]]> 2/13/2017 8:25:00 AM f73b9516-c2d5-4aee-99da-6fea5e171fe7/A new ‘virtual reality’ is creating profound implications for treasury processes, technology and the profession itself http://press.pwc.com/News-releases/a-new--virtual-reality--is-creating-profound-implications-for-treasury-processes--technology-and-the/s/f73b9516-c2d5-4aee-99da-6fea5e171fe7 A new ‘virtual reality’ is creating profound implications for treasury processes, technology and the profession itself PwC’s latest global treasury benchmarking report, reveals that the success of the treasury profession is dependent on how well it operates in an increasingly virtual environment. PwC’s report The... ]]> 1/31/2017 10:20:00 AM 6145c7f9-1b4d-4030-ac85-f6dab7a42dce/PwC analyses growth opportunities across six key sectors in developing markets http://press.pwc.com/News-releases/pwc-analyses-growth-opportunities-across-six-key-sectors-in-developing-markets/s/6145c7f9-1b4d-4030-ac85-f6dab7a42dce PwC analyses growth opportunities across six key sectors in developing markets PwC’s Growth Markets Centre has recently launched its 2017 annual report titled ‘Winning in maturing markets’, which focuses on understanding growth opportunities in developing markets. ]]> 1/24/2017 9:01:00 AM dc252653-0d6b-4f6e-a250-17042ff7480a/Emerging markets still deprived of fit-for-purpose financial systems http://press.pwc.com/News-releases/emerging-markets-still-deprived-of-fit-for-purpose-financial-systems/s/dc252653-0d6b-4f6e-a250-17042ff7480a Emerging markets still deprived of fit-for-purpose financial systems The lack of an efficient and resilient financial system is still holding back inclusive and sustainable growth in emerging markets. ]]> 1/11/2017 8:49:00 AM 1a330ead-d03c-48ea-a38c-da3e1c677ce1/UBS/PwC Billionaires Report reveals billionaire wealth facing headwinds with overall wealth declining by USD 300 billion http://press.pwc.com/News-releases/ubs-pwc-billionaires-report-reveals-billionaire-wealth-facing-headwinds-with-overall-wealth-declinin/s/1a330ead-d03c-48ea-a38c-da3e1c677ce1 UBS/PwC Billionaires Report reveals billionaire wealth facing headwinds with overall wealth declining by USD 300 billion Approximately 460 billionaires will transfer USD 2.1 trillion to their heirs in the next 20 years Key findings: Total billionaire wealth declined in 2015 by USD 300 billion to USD 5.1 trillion... ]]> 10/13/2016 9:42:00 AM 673192a4-de34-492c-9c3a-262b61d61b71/PwC lists seven human capital priorities for financial services http://press.pwc.com/News-releases/pwc-lists-seven-human-capital-priorities-for-financial-services/s/673192a4-de34-492c-9c3a-262b61d61b71 PwC lists seven human capital priorities for financial services New regulation, fast-shifting customer expectations and technological and economic disruption are challenging long-standing business models in financial services. ]]> 10/3/2016 7:49:00 AM d674c8a5-71ca-458e-8df5-f12669a90361/Asset and Wealth Management sector seems oblivious of FinTech opportunities http://press.pwc.com/News-releases/asset-and-wealth-management-sector-seems-oblivious-of-fintech-opportunities/s/d674c8a5-71ca-458e-8df5-f12669a90361 Asset and Wealth Management sector seems oblivious of FinTech opportunities PwC’s 2016 Global FinTech Survey ranked the asset and wealth management sector as the third most likely to experience the game-changing impact of FinTech startups, Global FinTech Survey 2016, banking ]]> 9/18/2016 11:51:00 PM d097243d-c932-467c-8c7d-7041ffa19fd3/Payments sector very conscious of FinTech disruption and ready to up its game http://press.pwc.com/News-releases/payments-sector-very-conscious-of-fintech-disruption-and-ready-to-up-its-game/s/d097243d-c932-467c-8c7d-7041ffa19fd3 Payments sector very conscious of FinTech disruption and ready to up its game Payments companies are concerned of financial industry players losing business to FinTech. To tackle this challenge, they are active in acquiring FinTech startups and investing in cybersecurtiy. ]]> 8/9/2016 11:01:00 PM e537f417-bc1c-4a26-83d6-f8329aabbca1/Customer in driver’s seat as banks seek to collaborate with FinTechs http://press.pwc.com/News-releases/customer-in-driver-s-seat-as-banks-seek-to-collaborate-with-fintechs/s/e537f417-bc1c-4a26-83d6-f8329aabbca1 Customer in driver’s seat as banks seek to collaborate with FinTechs A vast majority of banks are concerned that part of their business will be lost to new FinTech entrants who better understand evolving customer needs. ]]> 7/27/2016 10:57:00 PM 92092ecf-82cc-4e21-ba7f-4662d4461d6f/Financial Services needs to radically rethink crime protection and prevention http://press.pwc.com/News-releases/financial-services-needs-to-radically-rethink-crime-protection-and-prevention/s/92092ecf-82cc-4e21-ba7f-4662d4461d6f Financial Services needs to radically rethink crime protection and prevention Despite significantly increasing investment in compliance and being continuously under the scrutiny of regulators, economic crime in Financial Services has increased, showing new thinking is needed to ]]> 7/26/2016 10:58:00 PM 9d068bde-e09e-4d2a-9485-5021cddb291d/Global ETF assets under management set to exceed $7 trillion by 2021 http://press.pwc.com/News-releases/global-etf-assets-under-management-set-to-exceed--7-trillion-by-2021/s/9d068bde-e09e-4d2a-9485-5021cddb291d Global ETF assets under management set to exceed $7 trillion by 2021 PwC expects accelerated growth in Exchange Traded Funds (ETFs) over the next five years, with global assets under management (AUM), expected to exceed $7 trillion by 2021. A new report, ‘ETFs: A... ]]> 7/11/2016 7:58:00 AM f75c93fc-fbd0-4eae-be21-fa69d58683e5/Staying ahead of the curve: PwC lists three scenarios of change for central banking in 2020 http://press.pwc.com/News-releases/staying-ahead-of-the-curve---pwc-lists-three-scenarios-of-change-for-central-banking-in-2020/s/f75c93fc-fbd0-4eae-be21-fa69d58683e5 Staying ahead of the curve: PwC lists three scenarios of change for central banking in 2020 As central banks are trying to keep pace with the complexity of the rapidly evolving financial services market, they are scanning a new and uncertain landscape. In their new paper Central banking... ]]> 6/14/2016 10:58:00 PM f2762616-b487-43a5-a440-64057e9dfafd/PwC lists ten tech-driven forces shaping financial services in 2020 http://press.pwc.com/News-releases/pwc-lists-ten-tech-driven-forces-shaping-financial-services-in-2020/s/f2762616-b487-43a5-a440-64057e9dfafd PwC lists ten tech-driven forces shaping financial services in 2020 The financial services industry has seen some dramatic technology-led changes over the past few years. While FinTech start-ups are encroaching upon established markets, many executives look to... ]]> 6/6/2016 9:04:00 AM eade7668-84aa-4eb0-afc2-10370d2c7b76/Wealth management dangerously behind the curve in adoption of digital technology http://press.pwc.com/News-releases/wealth-management-dangerously-behind-the-curve-in-adoption-of-digital-technology/s/eade7668-84aa-4eb0-afc2-10370d2c7b76 Wealth management dangerously behind the curve in adoption of digital technology Firms that don’t respond now simply won’t survive in the medium to long term London, 1 June 2016 ‑‑ Wealth management is one of the least tech-literate sectors of the financial services industry,... ]]> 5/31/2016 10:58:00 PM 5127cb58-90f5-43d5-8d98-10fb76484d12/PwC appoints new Insurance regulatory partner http://press.pwc.com/News-releases/pwc-appoints-new-insurance-regulatory-partner/s/5127cb58-90f5-43d5-8d98-10fb76484d12 PwC appoints new Insurance regulatory partner PwC is pleased to announce that Carlos Montalvo Rebuelta, one of Europe’s leading insurance regulators, has joined its global insurance regulatory practice. Based in Spain, Carlos will play a... ]]> 4/6/2016 2:59:00 PM e726154d-2744-4d37-b038-3990350598a7/Survey of Banking & Capital Markets CEOs lifts the lid on the huge challenges facing banks globally http://press.pwc.com/News-releases/survey-of-banking---capital-markets-ceos-lifts-the-lid-on-the-huge-challenges-facing-banks-globally/s/e726154d-2744-4d37-b038-3990350598a7 Survey of Banking & Capital Markets CEOs lifts the lid on the huge challenges facing banks globally “The world needs banking but not banks” - which banks can successfully regenerate and which will wander a long (or perhaps short) path to extinction?Nearly three-quarters of global banking &... ]]> 3/31/2016 12:08:00 PM 75e0fc10-7cb0-4690-9c87-f5b270560c41/International assignments critical to retention of female talent in Financial Services http://press.pwc.com/News-releases/international-assignments-critical-to-retention-of-female-talent-in-financial-services/s/75e0fc10-7cb0-4690-9c87-f5b270560c41 International assignments critical to retention of female talent in Financial Services The appointment of women working in financial services (FS) to international assignments is important to FS firms retaining this pool of talent, show findings from a survey just published by PwC.... ]]> 3/29/2016 4:40:00 AM 7d595621-0c2e-433e-8a8e-96358b63e1b6/ETF.com Awards for Excellence: PwC scoops ‘Best ETF Research Paper’ http://press.pwc.com/News-releases/etf.com-awards-for-excellence--pwc-scoops--best-etf-research-paper-/s/7d595621-0c2e-433e-8a8e-96358b63e1b6 ETF.com Awards for Excellence: PwC scoops ‘Best ETF Research Paper’ A global report on exchange traded funds (ETFs) published by PwC, has been awarded ‘Best ETF Research Paper’ for 2015, by ETF.com’s annual ETF Awards for Excellence.Now in their third year, the... ]]> 3/17/2016 3:12:00 PM f3f3dea5-cbf9-4b0d-aff2-164f418e6451/Traditional Financial Services Firms fear almost a quarter of their business is at risk from FinTechs http://press.pwc.com/News-releases/traditional-financial-services-firms-fear-almost-a-quarter-of-their-business-is-at-risk-from-fintech/s/f3f3dea5-cbf9-4b0d-aff2-164f418e6451 Traditional Financial Services Firms fear almost a quarter of their business is at risk from FinTechs FinTech companies are more bullish, believing they could capture a third of incumbents’ businessResults from a PwC survey released today, which assesses the rise of new technologies in the... ]]> 3/15/2016 2:32:00 AM 6dd98df4-9406-4a59-8919-da6897b23142/90% of Asset Management CEOs are confident of revenue growth over the next three years http://press.pwc.com/News-releases/90--of-asset-management-ceos-are-confident-of-revenue-growth-over-the-next-three-years/s/6dd98df4-9406-4a59-8919-da6897b23142 90% of Asset Management CEOs are confident of revenue growth over the next three years A PwC survey of asset management CEOs globally shows just 30% expect the global economy to improve in the next 12 months, down from 39% the previous year. What’s more, as they were surveyed before... ]]> 2/12/2016 10:09:00 PM 60904a37-39cc-4c46-bf03-9f7c1228a341/Skills shortage and speed of technological change of key concern to Financial Services CEOs http://press.pwc.com/News-releases/skills-shortage-and-speed-of-technological-change-of-key-concern-to-financial-services-ceos/s/60904a37-39cc-4c46-bf03-9f7c1228a341 Skills shortage and speed of technological change of key concern to Financial Services CEOs Financial Services (FS) CEOs are most concerned about the potential threats a lack of availability of skills (70%) and speed of technological change (70%) pose to the growth prospects of their... ]]> 2/12/2016 10:08:00 PM ed8de6c9-7644-4e61-a2d8-9759d93b36b2/Survey of Banking & Capital Markets CEOs lifts the lid on the huge challenges facing banks globally http://press.pwc.com/News-releases/survey-of-banking---capital-markets-ceos-lifts-the-lid-on-the-huge-challenges-facing-banks-globally/s/ed8de6c9-7644-4e61-a2d8-9759d93b36b2 Survey of Banking & Capital Markets CEOs lifts the lid on the huge challenges facing banks globally “The world needs banking but not banks” - which banks can successfully regenerate and which will wander a long (or perhaps short) path to extinction?A PwC survey of 176 Banking & Capital Markets... ]]> 2/12/2016 9:57:00 PM 5dc59c34-af26-4634-95c7-1a492f24b0ce/Over two-thirds of insurance CEOs see technology as both an opportunity and a threat http://press.pwc.com/News-releases/over-two-thirds-of-insurance-ceos-see-technology-as-both-an-opportunity-and-a-threat/s/5dc59c34-af26-4634-95c7-1a492f24b0ce Over two-thirds of insurance CEOs see technology as both an opportunity and a threat Results from PwC’s 19th Annual Global Survey of more than 1,400 CEOs, which includes responses from 101 CEOs in the insurance sector in 43 countries, reveal more than 70% of insurance CEOs are... ]]> 2/12/2016 9:21:00 PM 5b47ea6c-9294-4ccb-9786-0977d3565732/Almost 50% of hedge fund firms plan to launch a new hedge fund by the end of 2016 http://press.pwc.com/News-releases/almost-50--of-hedge-fund-firms-plan-to-launch-a-new-hedge-fund-by-the-end-of-2016/s/5b47ea6c-9294-4ccb-9786-0977d3565732 Almost 50% of hedge fund firms plan to launch a new hedge fund by the end of 2016 The hedge fund industry expanding, distribution disrupted, spotlight on alternatives, shows joint PwC/AIMA surveyLondon - 14 December 2015: Around half of hedge fund firms intend to launch a new... ]]> 12/14/2015 6:04:00 PM 81f40f78-3c8e-4e59-b1db-40693f53ff7d/Global Banking System at Risk from Failure of Economic Recovery http://press.pwc.com/News-releases/global-banking-system-at-risk-from-failure-of-economic-recovery/s/81f40f78-3c8e-4e59-b1db-40693f53ff7d Global Banking System at Risk from Failure of Economic Recovery ‘Banana Skins’ poll identifies top threats to banksConcern about possible failure of the global economic recovery and the damage this would do to a still fragile banking system is growing, reveal... ]]> 12/7/2015 11:59:00 PM f62c6e92-d2d1-44d3-8b4f-b5f8ed856bfc/Increasing cross-border flows is key test for EU's Capital Markets Union policy, says PwC http://press.pwc.com/News-releases/increasing-cross-border-flows-is-key-test-for-eu-s-capital-markets-union-policy--says-pwc/s/f62c6e92-d2d1-44d3-8b4f-b5f8ed856bfc Increasing cross-border flows is key test for EU's Capital Markets Union policy, says PwC Achieving a Capital Markets Union (CMU), a signature initiative of the Juncker Commission, will require policies which tackle presently low levels of integration, concludes a report published by... ]]> 9/28/2015 2:05:00 PM 5cc3fa21-221c-43df-a133-05435e365342/Cyber insurance market set to reach $7.5 billion by 2020 http://press.pwc.com/News-releases/cyber-insurance-market-set-to-reach--7.5-billion-by-2020/s/5cc3fa21-221c-43df-a133-05435e365342 Cyber insurance market set to reach $7.5 billion by 2020 The global cyber insurance market could grow to $5bn in annual premiums by 2018 and at least $7.5bn by the end of the decade, according to “Insurance 2020 & beyond: Reaping the dividends of cyber... ]]> 9/16/2015 5:35:00 PM d84dd897-aeba-46c9-8eba-f682ab0f36b9/Time to review sovereign investment funds http://press.pwc.com/News-releases/time-to-review-sovereign-investment-funds/s/d84dd897-aeba-46c9-8eba-f682ab0f36b9 Time to review sovereign investment funds Now is the time for policymakers to review their sovereign investment funds and question whether different objectives could be beneficial for their economy.Since the financial crisis, sovereign... ]]> 9/16/2015 4:35:00 PM 8f3ab63d-6ad3-4179-8fd7-1a8bf2895978/PwC Report Reviews State of Global Financial Market Liquidity http://press.pwc.com/News-releases/pwc-report-reviews-state-of-global-financial-market-liquidity/s/8f3ab63d-6ad3-4179-8fd7-1a8bf2895978 PwC Report Reviews State of Global Financial Market Liquidity WASHINGTON, 12 August 2015 – The Global Financial Markets Association (GFMA) and the Institute for International Finance (IIF) today released a comprehensive new report from PwC on the state of... ]]> 8/12/2015 2:53:00 PM d438e164-668c-4a14-876d-d48c93fc1bd1/Cyber risk and interest rates rank alongside regulation as top risks for insurers http://press.pwc.com/News-releases/cyber-risk-and-interest-rates-rank-alongside-regulation-as-top-risks-for-insurers/s/d438e164-668c-4a14-876d-d48c93fc1bd1 Cyber risk and interest rates rank alongside regulation as top risks for insurers ‘Banana Skins’ poll reflects industry risk perceptionA new survey charting the top risks in the global insurance sector shows that cyber risk and interest rates are now among the top risks for... ]]> 7/15/2015 4:55:00 PM dd507b8f-5c7f-4051-a5b8-9455d8c54dd5/Free Trade Agreements need to recognise vital role of Financial Cooperatives in development of emerging market economies http://press.pwc.com/News-releases/free-trade-agreements-need-to-recognise-vital-role-of-financial-cooperatives-in-development-of-emerg/s/dd507b8f-5c7f-4051-a5b8-9455d8c54dd5 Free Trade Agreements need to recognise vital role of Financial Cooperatives in development of emerging market economies FTAs must make special provisions recognising the distinction between cooperatives and other financial institutionsEmerging markets are gaining ever more share of the global economy and by 2050... ]]> 7/13/2015 11:06:00 PM 8520ed5a-4bc9-4fbc-b557-154850f43e6b/Culture of fear and punishment in global Financial Services conducive to bad behaviour http://press.pwc.com/News-releases/culture-of-fear-and-punishment-in-global-financial-services-conducive-to-bad-behaviour/s/8520ed5a-4bc9-4fbc-b557-154850f43e6b Culture of fear and punishment in global Financial Services conducive to bad behaviour The financial services industry continues to be beset by scandal and foul play, whilst the emphasis of measures taken by firms and regulators, globally, in deterring employee bad behaviour, has,... ]]> 7/9/2015 12:09:00 AM 6876052c-86ba-482b-9f8e-09ff24d17a33/Sixty-four per cent of Insurance CEOs see increasing tax burden as a threat to their growth prospects http://press.pwc.com/News-releases/sixty-four-per-cent-of-insurance-ceos-see-increasing-tax-burden-as-a-threat-to-their-growth-prospect/s/6876052c-86ba-482b-9f8e-09ff24d17a33 Sixty-four per cent of Insurance CEOs see increasing tax burden as a threat to their growth prospects Tax is firmly under the spotlight and in the global insurance industry, the ramifications for finance and tax teams will be felt in both a new set of business demands and an overhaul of how these... ]]> 7/6/2015 3:15:00 PM 33724789-9074-423e-86cd-f5cd2a3b70eb/Global alternative assets predicted to reach $15.3 trillion in 2020 http://press.pwc.com/News-releases/global-alternative-assets-predicted-to-reach-15.3-trillion-in-2020/s/33724789-9074-423e-86cd-f5cd2a3b70eb Global alternative assets predicted to reach $15.3 trillion in 2020 A report just published by PwC predicts global alternative assets will increase to US$ 15.3tn by 2020. In the lead up to it, the global alternative asset management industry is expected to... ]]> 6/29/2015 12:00:00 AM 4868a7b5-3ecf-4e94-bcaa-5d48b04c6903/Disruption is the New Reality in the Global Insurance Industry http://press.pwc.com/News-releases/disruption-is-the-new-reality-in-the-global-insurance-industry/s/4868a7b5-3ecf-4e94-bcaa-5d48b04c6903 Disruption is the New Reality in the Global Insurance Industry The pace of change in the global insurance industry is occurring more rapidly than could have been envisaged, concludes a report just published by PwC. The report concludes that the industry is at... ]]> 6/15/2015 5:31:00 PM d504caa2-24de-408a-bcb0-1babbb54cca6/PwC appoints Global Financial Crime Leader http://press.pwc.com/News-releases/pwc-appoints-global-financial-crime-leader/s/d504caa2-24de-408a-bcb0-1babbb54cca6 PwC appoints Global Financial Crime Leader London, 2 June 2015 - PwC announced today that David Grace has been appointed as Global Financial Crime Leader for PricewaterhouseCoopers International Limited. David, a Senior Partner and member... ]]> 6/2/2015 12:57:00 AM 6b2bf1e0-1219-4d48-9573-351309370ca2/Digital platforms will impact the entire ecosystem of the banking industry: CII PwC India study http://press.pwc.com/News-releases/digital-platforms-will-impact-the-entire-ecosystem-of-the-banking-industry-cii-pwc-india-study/s/6b2bf1e0-1219-4d48-9573-351309370ca2 Digital platforms will impact the entire ecosystem of the banking industry: CII PwC India study Mumbai, 21 April 2015: Digital intervention is a reality in today’s banking business and banks need to adapt and respond to this change to stay ahead of competition. The digital foreground has... ]]> 4/22/2015 2:56:00 PM c773250a-60ce-450a-a737-e00edf75345a/Significant changes afoot for Global Capital Markets http://press.pwc.com/News-releases/significant-changes-afoot-for-global-capital-markets/s/c773250a-60ce-450a-a737-e00edf75345a Significant changes afoot for Global Capital Markets PwC report asserts global capital markets as we know them today will, in just five years, have changed for good and urges players to innovate and compete against the unfolding backdrop, now A... ]]> 4/12/2015 11:00:00 PM 5a3b35e2-1c9b-44af-8c17-8fd94345dc9c/EU Banks leaner and more liquid, but the end game still unclear http://press.pwc.com/News-releases/eu-banks-leaner-and-more-liquid-but-the-end-game-still-unclear/s/5a3b35e2-1c9b-44af-8c17-8fd94345dc9c EU Banks leaner and more liquid, but the end game still unclear London, 25 Feb 2015 ‑ Six years after the onset of the global financial crisis, EU banks are still busy shoring up their balance sheets to meet regulatory demands, finds a PwC/Economist... ]]> 2/25/2015 1:19:00 AM f9d30613-a019-4a52-997b-2dfaed04af4d/Financial Services firms lack the Talent they need to succeed http://press.pwc.com/News-releases/financial-services-firms-lack-the-talent-they-need-to-succeed/s/f9d30613-a019-4a52-997b-2dfaed04af4d Financial Services firms lack the Talent they need to succeed London, 23 Feb 2015 – Seventy per cent of CEOs in the financial services (FS) sector see the limited availability of key skills as a threat to their growth prospects, a big jump from the already... ]]> 2/23/2015 12:01:00 AM 4d20afd9-627b-4df5-9fa7-c5acd0c1d126/Creating winning culture essential if financial services firms are to flourish http://press.pwc.com/News-releases/creating-winning-culture-essential-if-financial-services-firms-are-to-flourish/s/4d20afd9-627b-4df5-9fa7-c5acd0c1d126 Creating winning culture essential if financial services firms are to flourish London, 29 Jan 2015 ‑ Cultural change in the financial services sector globally is destined to fail if players continue to focus on it primarily as a compliance requirement, according to a paper... ]]> 1/29/2015 12:00:00 AM 105c9c8a-6279-4e19-ad04-6a69bfcaef36/Exchange Traded Fund Assets under management to exceed $5 trillion by 2020 http://press.pwc.com/News-releases/exchange-traded-fund-assets-under-management-to-exceed-5-trillion-by-2020/s/105c9c8a-6279-4e19-ad04-6a69bfcaef36 Exchange Traded Fund Assets under management to exceed $5 trillion by 2020 London, 26 Jan 2015 ‑ Professionally managed financial investments globally are predicted to grow at 6% per annum to reach $100 trillion by 2020, according to a new report by PwC. Exchange traded... ]]> 1/26/2015 10:01:00 AM 0cd6a338-ae7c-4f93-bf63-a9faaba1eb34/PwC economists reveal predictions for 2015 http://press.pwc.com/News-releases/pwc-economists-reveal-predictions-for-2015/s/0cd6a338-ae7c-4f93-bf63-a9faaba1eb34 PwC economists reveal predictions for 2015 • US to bounce back• China to slow down• Ailing Eurozone to introduce QE• India to turn corner• Sub-Saharan Africa to continue to outpace global growthAs we enter the New Year, PwC's economists have o ]]> 12/29/2014 1:01:00 PM f561250e-4cc3-472f-93fa-87d874fa6d72/'Traditional' banks may not exist by 2025 http://press.pwc.com/News-releases/traditional-banks-may-not-exist-by-2025/s/f561250e-4cc3-472f-93fa-87d874fa6d72 'Traditional' banks may not exist by 2025 A new report from PwC suggests that, by as soon as 2025 – 2030, a market economy could readily exist without banks of the traditional kind. The report, The Future Shape of Banking, says that as... ]]> 7/9/2014 10:57:00 PM 4466f468-3015-4c41-8399-8df4ec88eb42/Global Market Capitalisation Tracker Shows US Businesses Eclipsing the Rest of the World http://press.pwc.com/News-releases/global-market-capitalisation-tracker-shows-us-businesses-eclipsing-the-rest-of-the-world/s/4466f468-3015-4c41-8399-8df4ec88eb42 Global Market Capitalisation Tracker Shows US Businesses Eclipsing the Rest of the World Almost half the world’s top 100 listed companies are American. Combined market capital of global 100 rockets by more than six trillion dollars since 2009 Apple remains the most valuable company... ]]> 6/24/2014 10:54:00 PM 1e9ae72c-5518-4045-8eb0-8703cd44ab11/PwC Insurance 2020: Customers go digital & prepare to get personal with general insurers for the best offer http://press.pwc.com/News-releases/pwc-insurance-2020-customers-go-digital--prepare-to-get-personal-with-general-insurers-for-the-best-/s/1e9ae72c-5518-4045-8eb0-8703cd44ab11 PwC Insurance 2020: Customers go digital & prepare to get personal with general insurers for the best offer Tuesday, June 24, 2014 - Increasing digital engagement with customers is essential to gain attention and ensure products and services stand out, according to PwC’s report - Insurance 2020: The... ]]> 6/23/2014 11:01:00 PM 6f081ef6-1ad3-4db4-aab3-1aede907e445/Back on the hiring road – 56% of FS CEOs to increase headcount in coming year http://press.pwc.com/News-releases/back-on-the-hiring-road---56-of-fs-ceos-to-increase-headcount-in-coming-year/s/6f081ef6-1ad3-4db4-aab3-1aede907e445 Back on the hiring road – 56% of FS CEOs to increase headcount in coming year London, 5 June 2014— Financial services (FS) CEOs have hiring back on their minds with more than half (56%) planning to take on extra staff in the coming year, according to the PwC report,... ]]> 6/5/2014 12:00:00 AM b4145864-2deb-4c3e-916c-92f70161ad80/Insurance 2020: Time for Life Insurance Sector to Tap into Underserved Markets http://press.pwc.com/News-releases/insurance-2020-time-for-life-insurance-sector-to-tap-into-underserved-markets/s/b4145864-2deb-4c3e-916c-92f70161ad80 Insurance 2020: Time for Life Insurance Sector to Tap into Underserved Markets Thursday, May 29, 2014 – Revitalising the life insurance sector starts with creating new opportunities with underserved markets, particularly young people and lower income consumers, according to... ]]> 5/28/2014 11:07:00 PM b9b9916f-afc1-4765-b99d-73b0bc41a277/Global Banking Industry Names Regulation & Political Interference as Top Risks over Macro-Economic Concerns http://press.pwc.com/News-releases/global-banking-industry-names-regulation---political-interference-as-top-risks-over-macro-economic-c/s/b9b9916f-afc1-4765-b99d-73b0bc41a277 Global Banking Industry Names Regulation & Political Interference as Top Risks over Macro-Economic Concerns 'Banana Skins’ poll identifies top threats to banks Tuesday, April 29, 2014 - Regulation and political interference topped the list of risks among the global banking industry (No.1 and No.2... ]]> 4/28/2014 10:55:00 PM cf404b63-70d8-4d81-95ba-7e20d2d68c5a/Delivering the Goods to Banking Customers: Co-Creation Capabilities & Multi-Channel Platforms http://press.pwc.com/News-releases/delivering-the-goods-to-banking-customers--co-creation-capabilities---multi-channel-platforms/s/cf404b63-70d8-4d81-95ba-7e20d2d68c5a Delivering the Goods to Banking Customers: Co-Creation Capabilities & Multi-Channel Platforms AsiaPac takes the lead with interactive banking customer experiences Thursday, April 24, 2014– Digital is undeniably everywhere, but according to PwC’s Global Digital Banking Survey, more needs to... ]]> 4/23/2014 10:59:00 PM 72d6b037-68e8-4fe1-aadc-0dd40502fd72/Banks need to employ more people to prepare for tougher regulatory stress tests http://press.pwc.com/News-releases/banks-need-to-employ-more-people-to-prepare-for-tougher-regulatory-stress-tests/s/72d6b037-68e8-4fe1-aadc-0dd40502fd72 Banks need to employ more people to prepare for tougher regulatory stress tests London, 31 Jan 2014‑‑A new report from PwC has revealed that banks do not have enough employees dedicated to preparing for tougher regulatory stress tests. The report, Passing the stress test,... ]]> 1/30/2014 11:57:00 PM 64bf02c7-1c2c-471f-8e44-aaf0f757791a/PwC's Health Research Institute Projects Historic Slowdown in Healthcare Spending Growth for 2014 http://press.pwc.com/News-releases/pwcs-health-research-institute-projects-historic-slowdown-in-healthcare-spending-growth-for-2014/s/64bf02c7-1c2c-471f-8e44-aaf0f757791a PwC's Health Research Institute Projects Historic Slowdown in Healthcare Spending Growth for 2014 HRI's analysis projects 6.5 percent growth in medical costs, despite millions of newly insured expected under ACA in 2014 Healthcare inflation in the U.S. is projected to dip to 6.5 percent in 2014, a ]]> 6/18/2013 9:58:00 AM 5831d214-9e20-478c-b719-45d6eaf345ca/Financial services talent models are unsustainable in new business climate http://press.pwc.com/News-releases/Financial-services-talent-models-are-unsustainable-in-new-business-climate/s/5831d214-9e20-478c-b719-45d6eaf345ca Financial services talent models are unsustainable in new business climate Research from PwC has found that FS CEOs view talent shortages as the biggest threat to growth. The report, Seizing back the people agenda, also suggests that current models for people management ]]> 4/15/2013 11:29:00 PM bc048783-2335-4802-82b1-7fd1a0c94d2d/Companies Underestimate Effort and Impact of SEPA Deadline http://press.pwc.com/News-releases/Companies-Underestimate-Effort-and-Impact-of-SEPA-Deadline/s/bc048783-2335-4802-82b1-7fd1a0c94d2d Companies Underestimate Effort and Impact of SEPA Deadline Companies in Europe underestimate the scope and effort of complying with the new Single Euro Payments Area (SEPA) requirements by 1 February 2014. Responses to a recent PwC survey suggest that 55% of ]]> 1/30/2013 6:51:00 PM 19c6ebb7-7208-43dd-98cc-f18d9b6fb677/Chinese bankers preparing to meet challenges ahead http://press.pwc.com/News-releases/Chinese-bankers-preparing-to-meet-challenges-ahead/s/19c6ebb7-7208-43dd-98cc-f18d9b6fb677 Chinese bankers preparing to meet challenges ahead Over 60% of bankers believe that interest rate liberalisation poses challenges to their business in the next three to five years. The announcement of the People's Bank of China to raise deposit intere ]]> 1/8/2013 4:18:00 PM