Returns on investment banking fall again as regulation tightens May 11, 2015 Investment banks’ profitability fell again in 2014 as tighter regulation combined with sustained high costs stopped the sector recovering for another year, according to a study out today from Boston Consulting Group (BCG). Average return on equity across the industry fell to below seven per cent in 2014, compared with a cost of capital often [...]
The world’s richest regions: Asia Pacific overtakes Europe June 16, 2015 Asia Pacific (excluding Japan) leapfrogged Europe to become the world's second richest region last year, in a ranking by Boston Consulting Group (BCG). The region counted $47.3 trillion in private wealth in 2014 surpassing Western Europe's $39.6 trillion, largely due to an increase in the number of new millionaires in India and China. This meant [...]
UK funds sector falling behind the global pack July 7, 2015 THE UK fund management industry is lagging the rest of the world in the battle to attract investors’ cash, a study showed yesterday. Britain was one of only two major territories in the world to see an outflow of money from funds last year, figures from Boston Consulting Group show. The other was France. Money [...]
Just one UK company ranked among the world’s top 50 innovative firms in BCG report October 27, 2014 Britain's biggest firms are lagging behind US and Asian firms in terms of innovation, according to a new report that lists just one UK firm among the world’s 50 most innovative companies. The single British firm was multinational Unilever, which owns brands such as Lynx, Ben and Jerry’s and Dove. The firm finished in 49th [...]
City Moves for 3 July 2015 | Who’s switching jobs July 2, 2015 Deloitte Real Estate The real estate firm has appointed Claire O’Shaughnessy as a director in real estate consulting, focusing on the public sector. She previously led the development of the footprint strategy in the strategic business partner team for the Ministry of Defence. Allianz Global Investors Iain Cowell has been appointed head of solutions for [...]
Black Friday spurs Brits to spend £1.5bn more in November 2014 February 10, 2015 Britons spent £1.5bn more in November than the previous year after a surge in the popularity of Black Friday discount deals, research from Boston Consulting Group (BCG) released today shows. The consultancy company said around £28.7bn in sales took place in November, with 66 per cent of consumers either delaying or bringing forward their Christmas [...]
Britain could lead a robotic revolution with cost savings of 16 per cent by 2025 February 9, 2015 By 2025 the country’s workforce could look very different The UK is set to be among the leading adopters of industrial robots over the next decade, benefitting from improved productivity and a huge reduction in labour costs. While global average cost savings from the use of robots is expected to be around 16 per [...]
Insurance firms missing out in UK SME market November 16, 2014 Insurers are failing UK Small- and Medium-sized Enterprises (SMEs), according to a new report by the Boston Consulting Group (BCG). The report indicated that over one third of UK SMEs were unaware of who their insurer was. The BCG compiled its global report into SME commercial insurance trends after carrying out a survey of 2,500 [...]
Europe’s banks missing out on global recovery December 1, 2014 BANKS are recovering across the world and their profits are surging – except in Europe, according to a report out today from Boston Cons ulting Group (BCG). Lenders across the Middle East, Africa and the US are all growing, with income rising relative to costs of refinancing, operating and risk (economic return, or EP). For [...]
Ride of the Lions crew feel the pride on Triple Crown charity bike ride June 16, 2014 Cycling from Melbourne to Sydney with the match ball between the Lions’ 2nd and 3rd test matches last year wasn’t quite enough for the team behind Ride of the Lions – the intrepid crew of ex-Lions rugby players wanted to do it again this year (but thankfully in cooler climes). This Friday some 40 riders [...]