Addressing tomorrow’s global banking challenges today

In today’s highly regulated environment, banks and securities firms are facing increasingly complex challenges. Every day brings new demands to manage risk, achieve operational excellence and satisfy the divergent interests of stakeholders.

To help you meet those challenges, you need experienced financial professionals who understand your operations, regulations and growth drivers. Our Global Banking & Capital Markets Center provides just that.

It connects a worldwide team of practitioners with deep experience in assurance, tax, transaction and advisory services. This team shares information on emerging trends and requirements, providing you with our point of view on the issues shaping the global banking industry. So you get the support you need — in times of stability or volatility — to help you grow your business.

In short, we help you address the issues of today and anticipate those of tomorrow.

Navigating the crisis: our 2nd annual risk management survey

Ernst & Young’s second annual survey yielded several critical lessons from the current economic crisis. Chief among them was the vital importance of managing for liquidity. Fostering a risk culture and staying attuned to industry dynamics were also cited by respondents as imperatives, both for their institutions and for the banking industry as a whole.

Credit crisis puts IFRS 7 financial reporting to the test

The credit crisis has thrust asset-backed securities and other high-risk financial instruments into the spotlight. Coincidentally, for the past year, European banks have been wrestling with the newly mandated IFRS 7 requirement for financial instrument disclosures. Has IFRS brought more transparency to financial reporting? We analyze several first year IFRS 7 disclosures to give you an insider perspective.

Slideshow feature:
straight talk from global bank CFOs on finance operating models

CFOs are coming under increasing pressure from their boards to fill a more strategic role, and the credit crisis has heightened that sense of urgency. Meeting this obligation is no easy task. Hear what leading bank CFOs have to say about the challenges in building a better finance operating model and how we help them answer the fundamental question: “How can we rise to the standard now expected of us?”

The volatile landscape of mortgage banking

Lenders must work to stem losses and return to future profitability in a new, dramatically altered mortgage market. With a full suite of operations improvement, technology and risk management and compliance services, our Consumer Finance Advisory practice is helping lenders rethink their business model and revamp their production and servicing operations.

Credit crunch heightens financial executive focus on risk convergence

The credit crisis has driven many financial services executives to intensify their focus on risk convergence and risk management. Our latest survey shows how firms are adapting, while we offer perspectives on the work that still needs to be done.

Video feature:
are you ready for IFRS?

Industry leaders talk about IFRS and the future of financial reporting in this country and around the world. Watch highlights from our May 2008 IFRS Conference

Video feature:
anti-money laundering: global banking on the frontlines

Anti-money laundering programs continue to be on the frontline of defense against illegal activities. In this interview with Bloomberg TV, Ernst & Young’s Steve Beattie reminds financial services firms to remain vigilant and explains the particular risk management issues for the global banking community.

Video feature:
challenges, changes for the finance operating model

CFOs at global banks are under increasing pressure to provide greater and more detailed insight into their company’s business performance. In an interview with CFO research services, Ernst & Young’s Greg Derderian discusses the challenges CFOs face, and how large global banks are evolving their finance operating model to execute their global strategies effectively, manage risk appropriately, comply with regulations and deliver superior business performance.