Categories: financial services

5 April 2022 07:01

The race to digital money is on – PwC’s 2022 CBDC Global Index shows which central banks are in the lead

For immediate release - SINGAPORE, 5 April 2022 – The future of money is digital. It is estimated that more than 80% of central banks are considering launching a central bank digital currency (CBDC) or have already done so* The 2022 PwC CBDC Global Index analyses and ranks the top retail and wholesale CBDC projects. The Index evaluates the current stage of CBDC project development also taking int

30 September 2020 11:00

Singapore’s tech startup funding ecosystem remains healthy despite global pandemic

PwC's report, Tech start-up funding trends and outlook: Singapore, found that the first half of 2020 saw relatively steady funding considering the pandemic, with funding for 2020 expected to reach 2019 levels.

10 February 2020 00:01

Majority of customers likely to stick to existing primary banking relationship after opening digital bank accounts, PwC study

A PwC study of over 1,500 customers in Singapore found that 67% of customers will continue to use their existing account as their primary account. 71% of customers have at least one pain point with their bank today and those with more than three pain points are more likely to open a digital bank account.

16 December 2019 14:10

An encouraging year for Singapore IPOs in 2019: PwC analysis

2019 has been an encouraging year for the Singapore capital market amidst the global uncertainties. Singapore saw a total of 11 Initial Public Offerings (IPOs) on the Singapore Exchange (SGX) with 4 listings on the Mainboard and 7 on the Catalist Board with total fund raised at S$3.07 billion and S$60 million respectively.
These results were published in PwC’s “Equity Capital Markets Watch: Sin

12 November 2019 12:00

FinTech firms in Singapore attract most global funding within ASEAN according to report by UOB, PwC and SFA

Singapore is also the launchpad for FinTech firms looking to move across ASEAN

12 November 2019 08:01

Asset Managers exceed investor expectations on risk/return and ESG, but overall fall short of investor demands - According to the Investor Alignment Index developed by PwC

Tuesday 12 November, 2019 - The Asset and wealth management revolution: Investor Perspectives - rethinking purpose and performance report is based on PwC’s point of view and the Investor Alignment Index developed by PwC with responses from 750 institutional investors and 10,000 retail investors around the world.
Ample scope to win more business

To determine what investors care about most

30 October 2019 11:00

Cyber risk climbs to the top risk for Singapore insurers

Cyber risk, technology and change management have been pinpointed as the three biggest concerns for insurers in Singapore, according to a poll of senior industry experts.

1 October 2019 11:25

PwC appoints new Singapore Asset & Wealth Management Leader

PwC Singapore has appointed Paul Pak as the new Leader of its Asset & Wealth Management (AWM) practice with effect from 1 October 2019. Paul succeeds Justin Ong, who has led the practice since 2006.

13 March 2019 08:00

New York, London and Hong Kong expected to remain as top listing destinations in 2030, Singapore on the rise

Emerging markets in Southeast Asia driving issuers’ interest to Singapore and Australia

22 January 2019 09:00

PwC: Assets under management in Asia Pacific to rise to USD29.6 trillion by 2025, faster than any other region

Date 22 January 2019 Contact Natalie Choo
Tel: +65 8722 7545
Email: natalie.yl.choo@sg.pwc.com
Candy Li
Tel: +65 8722 7540
Email: candy.yt.li@sg.pwc.com
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retweet @PwC_Singapore
Singapore, 22 January 2019– The Asia Pacific (APAC) asset and wealth management industry is expected to be the centre for global Assets under management (AuM) growth in

20 December 2018 11:18

2018 IPO funds raised on SGX falls to its second lowest since 2008

Launched today, PwC’s ‘Equity Capital Markets Watch – Singapore: 2018 year in review’ found that Singapore’s 2018 performance has fallen from 2017’s stellar showing.

23 March 2018 10:00

Cyber threats topple over-regulation as top risk for Banking and Capital Markets CEOs

Date 23 March 2018 Contact Natalie Choo, Singapore Communications
Mobile: +65 8722 7545
E-mail: natalie.yl.choo@sg.pwc.com
Joost Blankenspoor, Global Communications
Tel: +31 88 792 6596
Email: joost.blankenspoor@pwc.com

Banking & Capital Markets (BCM) CEOs are bullish about economic growth – 57% believe it will improve over the next 12 months, compared

30 May 2017 07:01

Technological change and cyber risk overtake regulation as top risks for insurers

The global insurance industry’s ability to confront structural and technological changes is now the greatest risk it faces, according to a new survey of insurers and close observers of the sector.
The CSFI’s latest Insurance Banana Skins 2017 survey, conducted with support from PwC,surveyed 836 insurance practitioners and industry observers in 52 countries, to find out where they saw the greate

29 May 2017 00:01

JustCo signs MoU with PwC's Venture Hub to give start-ups access to a global network of business expertise

Singapore, 29 May 2017 -- JustCo, Singapore’s largest coworking space provider, has signed a memorandum of understanding (MOU) with PwC’s Venture Hub to facilitate access for their members to a global network of business expertise via PwC’s Global Gateway including innovation hubs in Asia, Silicon Valley, Europe, and Israel.
This extensive global network will help connect businesses with partne

15 May 2017 17:30

VeChain S.E.A. becomes a portfolio company of PwC’s incubation programme to accelerate the application of Blockchain in Hong Kong and South East Asia markets

Date15 May 2017ContactCandy Li, PwC Singapore
Tel: +65 6236 7429
Mobile: +65 8613 8820
E-mail: candy.yt.li@sg.pwc.com
Wayne Yim, PwC Hong Kong
Tel: +852 2289 8912
Email: wayne.kh.yim@hk.pwc.com
Follow/
retweet@PwC_Singapore
PwC China and PwC Singapore (“PwC”) are delighted to announce that VeChain S.E.A. (“VeChain”), a Singapore incorporated blockchain service provide

6 April 2017 08:01

80% of Singapore financial institutions concerned about losing revenue to innovators, finds PwC

Date6 April 2017ContactNatalie Choo
Tel: +65 6236 4309
Mobile: +65 9738 1415
E-mail: natalie.yl.choo@sg.pwc.com
Candy Li
Tel: +65 6236 7429
Mobile: +65 8613 8820
E-mail: candy.yt.li@sg.pwc.comFollow/
retweet@PwC_Singapore80% of financial institutions in Singapore and 88% globally are concerned that their business will lose revenue to standalone FinTech companiesMore tha

16 March 2016 00:00

73% of traditional Financial Institutions in Singapore believe they are at risk of losing business to FinTechs

Date16 March 2016
Contact Candy Li
Tel: +65 6236 7429
Mobile: +65 8613 8820
E-mail: candy.yt.li@sg.pwc.com

Natalie Choo
Tel: +65 6236 4309
Mobile: +65 9738 1415
E-mail: natalie.yl.choo@sg.pwc.com
73% of traditional Financial Institutions in Singapore believe they are at risk of losing business to FinTechs
A report published today by PwC, assessing the rise

9 December 2015 11:00

Banks in Singapore anxious about criminality and technology risks, finds PwC and CSFI

Criminality, technology risk and macro-economic environment emerge top threats to banks in Singapore in new ‘Banana Skins’ poll

25 November 2015 09:00

Many Asian Investment Managers lag their Global Counterparts in the Adoption of Operational Best Practices, find PwC and Stradegi

Singapore, 24 November 2015 – A new report published by PwC and Stradegi finds that although investment managers have a relatively higher adoption of best practices in the Front and Middle office, there was a tendency to overlook best practices in the Back Office unless explicitly mandated by regulation. The report also highlighted that COOs are facing challenges in meeting regulations and achievi

5 October 2015 07:01

Tax set to play critical role in determining front-runners in Global Asset Management

Date 5 October 2015
Contact Candy Li
Tel: +65 6236 7429
Mobile: +65 8613 8820
E-mail: candy.yt.li@sg.pwc.com

Natalie Choo
Tel: +65 6236 4309
Mobile: +65 9738 1415
E-mail: natalie.yl.choo@sg.pwc.com
Singapore, 5 October 2015 –Global assets under management (AuM) are set to