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China gives green light for launch of three private banks

China has approved the launch of three private banks as part of plans to extend financial reforms and open up the country’s banking sector, state-run news agency Xinhua has reported. 29 Jul 2014

UK corporate profit warnings at a three-year high as strong pound puts pressure on earnings

Increased competition, pricing pressures and the strong performance of sterling are putting pressure on UK businesses despite the wider economic recovery, according to a new report by consultancy Ernst and Young (EY). 29 Jul 2014

New accounting standard governing banks’ loss reporting to come into force in 2018

Changes to the way in which banks must account for expected credit losses on their balance sheets will come into force on 1 January 2018 following the publication of a new global standard. 28 Jul 2014

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Expertise in Banking & Restructuring

When a company wants to develop and grow, obtaining finance can be a major hurdle. Financial institutions are the key to developing growth for companies whether they are looking to move into new markets, develop new products or try something different. We are ideally placed to advise banks and other lenders on their activities and companies on their financing needs.

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