Financial Services
The financial services sector continues to experience significant change, with growing consumer demand for immediate and easy access to funds across a range of platforms, from simple payments to complex FX, with incumbents and regulators trying to keep up.
Since the financial crisis, as a result of the retrenchment of major financial institutions to their core business and regulatory focus to avoid Lehman 2.0, there has been an unparalleled opportunity for new entrants to establish themselves. The new entrants offer a more streamlined online offering and have innovated the market with online only banking, Point of Sale consumer lending, and cryptocurrencies.
However, with any fast-changing market there are winners and losers, and this period has been no different. Whilst the resolution directives have largely succeeded in avoiding bank failures, other sub-sectors, notably consumer lending, have not been so immune to distress.
Our team is focussed on the breadth of the financial services market, and have particular expertise in:
Our financial services team helps boards, shareholders, creditors, bondholders, pension trustees, regulators and other stakeholders, navigate uncertainty by providing expertly tailored advice and solutions.
We provide a wide range of support to the stakeholders of Financial Services businesses going through transformation or faced with financial challenges. Some of our core services are shown below.
Latest Financial Advisory Insights
Teneo Insights Series UK: What is Ahead for the Consumer in 2023?
The UK narrowly avoided recession in 2022, and the most recent forecasts for 2023 suggest a shallower recession than was anticipated last November. Although inflation is forecast to fall, the UK economy still faces a number of challenges, including rising interest rates, wage pressures driven by inflation and a tight… Read More
2023 UK Economic and Consumer Outlook
The UK narrowly avoided recession in 2022, and the most recent forecasts suggest low/stagnant growth, with the UK ultimately avoiding a technical recession that appeared inevitable in November when the country was still reeling from the impact of the previous Government's "mini budget." While inflation is forecast to fall, we… Read More
UK Independent Hospitals: The Next Challenge
The UK private healthcare market has seen a rebound in 2021 and 2022 post-Covid-19, driven in part by a surge in self-pay patients. A record number of people are opting to pay for their treatment privately to avoid long wait times in the NHS and access the quality and expertise… Read More
