United Kingdom
Banking
Specialist expertise and understanding
In challenging times, where soundbites dominate the headlines, it is often difficult to discern real risk from political froth. The banking sector has been forced to address key weaknesses and answer questions concerning liquidity, risk management and lending capability as well as how it treats its customers. Unprecedented changes have resulted in demands for greater transparency and created massive uncertainties in the UK market and global markets. For many institutions, it has been a question of survival as well as building confidence with customers and planning ahead for the new challenges.
BDO has the largest banking audit practice outside of the Big Four and also provides non-statutory audit services to a wide range of clients from the UK’s leading financial institutions and global banks, to smaller regional banks and new entrants. We offer audit, regulatory and risk management, tax and advisory services to the full spectrum of clients within the retail and wholesale banking sectors, as well as retail finance, credit cards, e-money and lending.
Our experience of working with leading names including HM Treasury and the FSA highlights our credibility. We are also leading the way as the first appointed liquidators under the Banking Act 2009.