logo

Last Update

This profile was last updated on 9/19/2017 and contains contributions from the  Zoominfo Community.

is this you? Claim your profile.

Wrong Stuart Robertson?

Stuart M. Robertson

Partner

KPMG LLP

HQ Phone:  (212) 758-9700

Direct Phone: +41 ** *** ** **direct phone

Email: s***@***.com

GET ZOOMINFO GROW

+ Get 10 Free Contacts a Month

Please agree to the terms and conditions.

I agree to the  Terms of Service and  Privacy Policy. I understand that I will receive a subscription to ZoomInfo Grow at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

THANK YOU FOR DOWNLOADING!

computers
  • 1.Download
    ZoomInfo Grow
    v sign
  • 2.Run Installation
    Wizard
  • 3.Check your inbox to
    Sign in to ZoomInfo Grow

I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

KPMG LLP

345 Park Avenue

New York City, New York,10154

United States

Company Description

KPMG LLP, the audit, tax and advisory firm, is the U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 155 countries and have more t...more

Find other employees at this company (141,179)

Web References(9 Total References)


ZURICH

bscc.co.uk [cached]

Stuart Robertson, KPMG AG


Chinaã€India main targets of banking mergers, acquisitions

www.chinaecapital.com [cached]

Summing up the report, Stuart Robertson, head of financial advisory services for KPMG in Switzerland, said: "Despite all the activity we have seen there will be considerably more consolidation in the private banking market.


www.kpgm.com

"Given the relatively slow growth rates in the mature and largely saturated western banking markets, it seems hard to avoid the conclusion that any bank not active in Asia, Africa or Latin America will be consigned to the 'slower grower' category," said Stuart Robertson, a partner with KPMG in Switzerland and the Banking Sector Lead for Transactions and Restructuring with KPMG Europe LLP.


www.btimes.com.my

Commenting on the findings, KPMG Advisory's Stuart Robertson, a partner in KPMG's Swiss firm, said: "The findings reinforce what I am seeing in the market, in that the private banking sector has not been as badly affected by the ravages of the credit crisis as may have been feared.
"For sure, optimism of growth prospects has declined, but not terminally so." He added that there was still the desire to drive consolidation through the industry. "Several factors may reignite the merger and acquisition flame within private banking, including clients showing greater risk appetite, a return to greater profitability, and clarity around the future of onshore/offshore banking in view of the agreement by a number of countries to adopt the OECD's (Organisation for Economic Cooperation and Development) tax reporting standards," Robertson said. However, one key consolidation should be the noticeable scarcity of potential acquisition targets, he said. The response rate was higher still among smaller banks, demonstrating that they were more than happy to focus on organic growth instead of an acquisitive strategy, Robertson added. However, even organic growth was far from assured, he said, with resources scarce and margins under intense pressure. Cost control thus ranked high on the agenda of many boards and it would likely be some time before adequate steps could be taken to get profits back on track. Challenges could remain even for those banks which managed to agree to a purchase, Robertson said.


www.bernama.com

Commenting on the findings, KPMG Advisory's Stuart Robertson, a partner in KPMG's Swiss firm, said: "The findings reinforce what I am seeing in the market, in that the private banking sector has not been as badly affected by the ravages of the credit crisis as may have been feared."
"For sure, optimism around growth prospects has declined, but not terminally so," he said, adding that the desire to drive consolidation through the industry remained. "Several factors may reignite the merger and acquisition flame within private banking, including clients showing greater risk appetite, a return to greater profitability, and clarity around the future of onshore/offshore banking in view of the agreement by a number of countries to adopt the OECD (Organisation for Economic Cooperation and Development)'s tax reporting standards," Robertson said. However, one key consolidation should be the noticeable scarcity of potential acquisition targets, he said. The response rate are higher still among smaller banks, demonstrating that they are more than happy to focus on organic growth with no need for an acquisitive strategy, Robertson said. Even organic growth is far from assured though, he said, adding that resources are scarce and margins are under intense pressure. Cost control is therefore high on the agenda of many boards and it is likely to be some time before adequate steps can be taken to get profits back on track, according to him. Challenges can remain even for those banks successfully agreeing a purchase, Robertson said.


Similar Profiles

city

Browse ZoomInfo's Business
Contact Directory by City

city

Browse ZoomInfo's
Business People Directory

city

Browse ZoomInfo's
Advanced Company Directory