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Beyond Savings: Cost optimization for the modern bank

COST management in the banking industry often falls into focusing solely on cost-cutting. However, for cost improvements to be successful, they should be sustainable. This requires a continuous review of spending, optimizing current resources, driving efficiencies and shifting savings to investments that deliver value to the bank and its customers. …

PhilippinesFinancial services sector head noel bonoanPhilippines vice chairmanFinancial services sector head noel

Purpose-driven leadership to drive growth in uncertainty

Purpose-driven leadership to drive growth in uncertainty
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Insurance Commission celebrates 75th year with more insured Pinoys

It was during the Spanish era that the Philippines was introduced to the concept of insurance through The Lloyd’s of London, an insurance market located in London’s primary financial district, who appointed Strachman, Murray & Co. Inc. as its representative in the country. The entry of Strachman, Murray &Co started…

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Legal transformation: The shock of the new • KPMG Perspectives

LEGAL transformation is no longer a goal or a looming trend–it is a commercial imperative. Legal departments must embrace change, formulate a plan and action it, fast, in order to control their future. In May 2023, the global legal community gathered in Las Vegas for the annual meeting of the Corporate Legal Operations Consortium. Unlike

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Future of insurance: Life and annuities | KPMG Perspectives

THE life insurance and annuity (L&A) industry can create significantly more value for both shareholders and consumers, but only if it can motivate millions of people to understand and fully embrace these products and their potential benefits. The industry is evolving and insurers will need to navigate a sea of…

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