PwC’s latest China Banking Newsletter revealed continued narrowing of Net Interest Margin is leaving marks at most banks in China with smaller lenders feeling the worst effect. That’s the bad news. The good news is loan quality is stabilizing.
With the world’s largest number of internet users, internet penetration is only at 52 per cent, indicating room for growth
China’s internet boom is likely to gather pace on the back of the mainland’s widespread mobile connectivity, the ability of China’s biggest internet players to innovate quickly and its massive number of internet users, according to the Boston Consulting Group.
Investment banking and strategy consulting are like avocados and quinoa: both attract the elite (or, in the words of one ex-McKinsey director, “insecure, deeply left-brain, hyper-intellectual, OCD over-achievers.”). Both pay well. Both involve some serious commitments of your time and some heavy academic achievements
On the occasion of its first centenary in China, Deloitte is pleased to announce a strategic investment program of US$200 million into talent development and capability upgrade. This program will be dedicated to enhancing its advisory services, advancing digital and technology transformation for the firm and Chinese enterprises, supporting the Belt & Road Initiative, as well as assisting Chinese enterprises in going global. This is a joint initiative of Deloitte Global and Deloitte China.
This given report on the global Application Management Services market is a result of a research conducted by a group of market research analysis experts with an aim to act as a reliable business material for stakeholders.
Ten financial technology companies have been selected for Accenture’s 12-week mentorship program in the fourth annual Fintech Innovation Lab Asia-Pacific.
The startups participating in this year’s Lab have developed a range of innovations leveraging blockchain, machine learning, and artificial intelligence.
Accenture and Huawei announced today a latest achievement in port information field: Accenture will help Shanghai International Port (Group) Co., Ltd (SIPG) to establish a consolidated information management platform that will run on Huawei FusionCloud solution, with some of the work to be undertaken as part of the existing Huawei-Accenture Strategic Agreement.
Accountancy firm Deloitte has welcomed its eighth consecutive year of growth in results this morning, as revenues grew 7.1 per cent in local currency terms over the year ending in May.
Deloitte's member firms around the globe generated revenues of $38.8bn (£29bn), and hired almost 70,000 new staff over the 12-month period.
China’s leading technology companies are on fire, heavily investing in artificial intelligence and building true global presences. McKinsey recently reported that academic and research institutions in the country publish more cited research papers than the US, UK or any other global leader in AI, producing nearly 10,000 papers in 2015 alone.
Metamark Limited is a UK based manufacturer and supplier of sign vinyl and digital media ands sells its products worldwide. It is among the sign and allied industry’s leading brands and widely acknowledge as an industry innovator.
FTI Consulting’s strategic communications unit reported a 7.4% year-over-year decrease in second-quarter revenue to $46.2 million.
Lumi’s brand refresh was designed by Richard Hogg, the artist known for indie darling, Hohokum.
Capgemini has in recent months won two large digital transformation projects. The management and technology consulting firm is helping Cathay Pacific Airways with a major upgrade of its finance and procurement functions, and the company is supporting home appliances manufacturer BSH Hausgeräte with a global overhaul of its IT architecture.
An auditor may not be the first kind of business that comes to mind when you hear the word ‘disruption’. Yet disruptive technology is as relevant to companies like PricewaterhouseCoopers (PwC) as it is to the likes of TBWA (which has built its name on the principle) and Amazon (which has disrupted entire industries seemingly in the blink of an eye).
BANKS in China should focus on clients to pursue higher profit and reduce reliance on capital expansion as part of reforms in the industry, McKinsey said in a report yesterday.
Over the past four decades, China has gone from being a low-wage supplier to one of the three most important links in the global value chain, alongside the United States and Germany. Despite growing concerns about China's corporate debt – which is now close to 170 per cent of GDP – and its ability to escape the middle-income trap, rapid digitisation will allow the Chinese economy to continue moving up the value chain.
With QR codes becoming a popular payment option, Alipay and Wechat Pay, two major third-party mobile payment tools in China, will run campaigns in August to bring more merchants and customers into the cashless world.
Managing projects effectively, and profitably, is the life blood of consulting firms. Successful projects rely on every stage of their lifecycle going to plan. From securing the initial win, to managing scope and delivering on time and at a profit. In an industry that relies so heavily on client relationships, consulting firms must track and assess performance every stage of the project and see what’s working well and what’s not, says Fergus Gilmore, Vice President at Deltek
WeChat Pay is expanding into the United Kingdom next month.
China's biggest mobile payments platform in terms of number of transactions will offer a new payment option to British retailers looking to attract Chinese shoppers
Amazon (AMZN) and Alibaba (BABA) are the kings of e-commerce in their home countries. We could say that Amazon owns US e-commerce and Alibaba owns Chinese e-commerce. As they have established a firm market position in their home turfs both companies are looking for new markets to expand in.