Oliver Wyman | Global news | Banking

An overview of Oliver Wyman global news in the Banking industry:

Australia

Oceania | Australia

How Australian banks can respond to the impact of high inflation In the first six months of 2022, economies across the globe recorded the highest levels of inflation seen in decades, and economists are predicting that inflationary pressure might not b
31 August 2022
Middle East

Middle East | Regional

Five best practices for successful banking partnerships According to a new report by Oliver Wyman, a large majority of executives in the banking industry believe that forming partnerships and alliances are critical to the success of their strategies.
20 January 2022
United Kingdom

Europe | United Kingdom

The Youth Group taps Oliver Wyman for digital bank creation Oliver Wyman will work as lead advisor to The Youth Group, as it looks to create a new digital bank for Gen Z.
15 July 2021
United Kingdom

Europe | United Kingdom

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
Lebanon

Middle East | Lebanon

A&M, KPMG and Oliver Wyman start work at Banque du Liban Two months after announcing the deal, consultants and auditors from Alvarez & Marsal, KPMG and Oliver Wyman have finally hit the ground running in Beirut.
19 October 2020
Lebanon

Middle East | Lebanon

Lebanon calls in trio of leading management consulting firms The Lebanese government has hired a trio of leading management consulting firms to audit the country’s embattled central bank.
22 July 2020
Middle East

Middle East | Regional

Oliver Wyman warns of coronavirus hit to banking in Middle East Management consultancy Oliver Wyman has warned of the impact of coronavirus on banks, which will have a bearing on corporate and personal finance in Dubai and the Middle East.
16 March 2020
United Kingdom

Europe | United Kingdom

Financial services could unlock $700 billion by better serving women Financial services companies are costing themselves as much as $700 billion every year by failing to take adequate steps to better understand the needs of female clients.
27 November 2019
United States

North America | United States

Oliver Wyman partners with Corridor Platforms on credit risk solution Global management consultancy Oliver Wyman announced a strategic collaboration with Corridor Platforms, a provider of credit risk technology solutions.
12 July 2019
Middle East

Middle East | Regional

Emerging market banks need to act now to attract less loyal millennials With young consumers increasingly favouring online banking, banks can gain considerable advantage from digital tools says a new Oliver Wyman report, but challenges remain.
12 June 2019
United Kingdom

Europe | United Kingdom

UK banks require some $50 billion in case of a hard Brexit With the Brexit process due to come to an abrupt end in March, while no deal is in place, banks have been warned they face multi-billion investments if they are to avoid the implications of a Hard Br
12 March 2019
United Kingdom

Europe | United Kingdom

David Gillespie new lead of Oliver Wyman’s banking practice in UK David Gillespie has been appointed as the new Head of our UK banking practice. Based in London, he will oversee all UK client relationships for the firm’s bank-focused offering.
09 October 2018
United Arab Emirates

Middle East | United Arab Emirates

Oliver Wyman proposes Dubai innovation hub to aid regional financial inclusion The global management consulting firm Oliver Wyamn has forwarded the UAE as the ideal centre for an innovation hub focused on enhancing regional financial inclusion.
31 July 2018
United Kingdom

Europe | United Kingdom

Mercer and Oliver Wyman helping UN with decarbonising financial services The United Nations has hired consulting firms Mercer and Oliver Wyman to serve as expert advisors on a project examining climate-related risks and opportunities for financial institutions.
19 April 2018
China

Asia | China

Regulatory reforms will see doubling of assets under management in China China fund managers can expect to benefit greatly from new government regulations in the financial sector according to a new report.
10 April 2018
India

Asia | India

India's government needs a vision for the future of banking sector The Indian government would benefit from a clear vision for the future of India’s banking sector, write David Bergeron, Amit Deshpande and Wolfram Hedrich, all three senior advisors at management con
14 February 2018
Asia

Asia | Regional

Affluent Chinese looking to diversify risks and rebalance portfolios The increasing number of wealthy households in China save an average of 30% of their total income, and investing a further 20% across various fronts.
19 December 2017
Kuwait

Middle East | Kuwait

Oliver Wyman and FIS support Boursa Kuwait with market making Boursa Kuwait has in recent weeks collaborated with two consulting firms as part of its plans to encourage investors to ramp up their investments in Kuwait.
18 December 2017
United Kingdom

Europe | United Kingdom

Wave of client requests due to GDPR may overwhelm banks Banks are facing a major compliance challenge after GDPR comes into force.
14 November 2017
United Kingdom

Europe | United Kingdom

UK may lose 40,000 investment banking jobs to 'Brexodus' The UK financial sector could face as many as 75,000 job losses and drops in revenue of up to £50 billion if hard Brexit becomes a reality.
02 August 2017
United Kingdom

Europe | United Kingdom

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
United Kingdom

Europe | United Kingdom

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
United Kingdom

Europe | United Kingdom

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
United Kingdom

Europe | United Kingdom

Emerging market retail banking to grow by $450 billion by 2020 The retail banking industry has enjoyed fierce growth across emerging markets over the past decade, averaging a CAGR of 18%.
06 December 2016
United Kingdom

Europe | United Kingdom

Former Oliver Wyman consultant Mike Dargan appointed CIO at UBS UBS has hired former Oliver Wyman consultant Mike Dargan as its head of Information Technology.
21 September 2016
United Kingdom

Europe | United Kingdom

Wealth managers to see hit on back of multiple market changes Asset managers face an uphill battle to retain their hefty profit margins, according to new analysis.
22 August 2016
United Kingdom

Europe | United Kingdom

Oliver Wyman supports Kuwait prepare bonds for international sale Kuwait is turning to the international bonds market to plug its budget deficit as the oil dependent country bears the brunt of the commodity’s low price.
27 June 2016
United Kingdom

Europe | United Kingdom

Financial services still run by old boys, as women step out to care Gender disparity within the business world remains a seemingly intractable problem, with slow progress towards parity at the top.
21 June 2016
United Kingdom

Europe | United Kingdom

1 trillion value shift set to hit financial services industry The internet, digitalisation and other major changes brought about from technology are rapidly transforming a host of industries, paving the way for new disruptive business models.
29 March 2016
United Kingdom

Europe | United Kingdom

Financial fines of banks reaches 150 billion in 5 years Financial institutions have coped a lot of flak in recent years, following their dubious activity resulting in the financial crisis as well as a range of fraudulent activities on the heels of the cri
18 February 2016
United Kingdom

Europe | United Kingdom

Oliver Wyman to advise on sale of rescued Italian banks Following the collapse of four Italian banks due to a range of bad loans, special EU sanctioned tools were instantiated to deal with their bad debts and recapitalise them in an orderly manner.
02 February 2016
United Kingdom

Europe | United Kingdom

Oliver Wyman 20x more expensive than Deloitte Bulgaria Over the past months, three consulting firms, Oliver Wyman, Deloitte and Mazars, bid against each other to win a major bank stress testing project for the Bulgarian central bank.
04 January 2016

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