Financial Services Industry Newsletter - 13/06
In this issue of Deloitte FSI Newsletter we present to you the long awaited draft of the new standard for leases that should change the way in which the leasing entities operate. The new Deloitte Private Equity Confidence Survey shows signs of refreshed optimism among private equity investors, which could reflect itself positively on new investments in Central Europe.
The profitability and possibility to withstand the economic crisis were the key business postulates in the previous period. We hope that you will find the material dealing with this topic useful. We look forward to the next Deloitte FSI Newsletter to be released in July 2013. If you are interested in particular issues, do not hesitate to contact us, and we will do our best to address them in the next FSI Newsletter.
- New expouser draft on leases that could change the industry operates
- What is on the horizont for the private equity industry
- Improving product, client, and advisor profitability in wealth management – using profitability reporting to drive top-and bottom-line improvements
- Elements for successful growth in financial services
New expouser draft on leases that could change the industry operates
The IASB and the FASB released on Thursday 16th May their second version of Exposure Drafts (ED) on Leases that would have significant influence on the industry. This ED follows on from the proposals they issued in 2010. Even though the Boards have attempted to address a number of issues raised in response to their 2010 ED, the proposals remain controversial. Views remain divided among preparers, investors and regulators on the way forward. GILT are in the early stages of evaluating the proposals. To support you in acknowledging with new Lease ED we are providing you with the short summary of the main changes. | pdf |
What is on the horizont for the private equity industry
We are pleased to share with you the10th year anniversary edition of our Deloitte Central Europe Private Equity Confidence Survey which has tracked the changing sentiments of Central Europe’s investment community every six months since March 2003. The PE survey and the confidence index have raised our profile in the Private Equity community for the last 10 years with strong press coverage and related industry events. This latest survey suggests a moderate increase in confidence. A 30-point rise in the index stemmed from a significant fall in those predicting further decline in the economic outlook, increased optimism about the efficiency of financial investments and some growth in the number of investors planning to buy more than they sell over the next six months. | pdf |
Improving product, client, and advisor profitability in wealth management – using profitability reporting to drive top-and bottom-line improvements
With some market segments, including mass affluent clients, are still underexplored; there are areas for future growth that represent important opportunities. Wealth managers should pursue targeted segments that can lead to increases in volume and profitability, instead of margin destruction. Analyzing the current business for improvements and beginning to take action to positively impact main profitability drivers can help managers return to healthy margins serving current and future clients. To do so, a logically framed approach can provide a useful reference for guiding the improvement process. Read this report for insights into how to look for future growth that represent important opportunities.| pdf |
Elements for successful growth in financial services
Banks, securities firms, insurance companies, and investment managers around the world have spent much time over the last few years protecting their businesses from the shockwaves of economic crisis.Many of these companies put growth and expansion plans on hold during this time, preferring to conserve what share of the market they could until more favorable business conditions emerge. For many financial services companies, that time is now. This latest annual research report by DTTL’s Global Financial Services Industry group examines four elements that contribute to successful growth. We hope that in months that are coming financial industry companies in Croatia would also start thinking about the growth and perhaps this annual research would be usefull. | pdf |