Banking

The financial services markets are faster-moving and more volatile than ever before. Clients have higher standards and expectations. The industry is shaped by a constantly changing operating environment and a high degree of regulation at both the national and international level. Regularly reviewing strategic orientation and strategic options have become the norm.

The challenges you face

• Financial institutions must ensure very tighter risk management
• The regulatory environment is inhibiting change in the investment management business
• Private banking is under pressure and faces growing change at a strategic level
• Companies must deal with the effects of new federal legislation on collective investments (KAG)

How PwC can support you

Our leading position as a provider to the financial services sector gives you a decisive advantage: you will be talking to people who are experts not only in their specific field, but in your industry as well. Our teams cover the following areas: banks, securities traders and asset managers, investment funds and investment companies (including alternative investment management) and real estate.

  
Selected services:

• Auditing of financial statements and consolidated statements
• Regulatory audits
• Transitions and advisory services to IAS/IFRS, US GAAP, Swiss GAAP FER and BAG-SFBC
• Internal Audit services
• Advisory and support of Internal Audit, risk management and Sarbanes-Oxley
• Auditing and advisory services for Qualified Intermediaries (QI)
• Valuation, recording, disclosure, and tax structuring of financial products
• Analysis and assessment of processes (IT)
• Auxiliary regulatory services (money laundering, support and advisory services during the entire life cycle of financial services, e.g. from founding to liquidation, including licencing and restructuring)
• Auditing and advisory services in regard to performance measurement and presentation
• Tax planning (corporate taxes, advisory on transactions, international tax structures, VAT, EU paying agent tax)
• Advisory (consulting for real estate investment, transactions, treasury and risk management, including implementation of Basel II solutions, performance improvement and project assessments, M&A's, crisis management)