This statistic shows the main reasons for financial institutions outsourcing compliance worldwide in 2019. Need for additional assurance on compliance processes was the largest reason that financial services companies opted to outsource their compliance work, with 53 percent of respondents citing it as a reason.
Main reasons for financial institutions outsourcing compliance worldwide in 2019
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Statistics on Banking industry in the United States
Overview
5
- Premium Statistic Largest banks globally 2022, by market capitalization
- Basic Statistic Largest banks worldwide 2021, by assets
- Premium Statistic Leading U.S. banks 2022, by market cap
- Premium Statistic Largest banks in the U.S. 2022, by assets
- Basic Statistic Number of FDIC-insured commercial banks in the U.S. 2000-2021
Retail banking
7
- Basic Statistic Personal savings in the U.S. 1960-2021
- Premium Statistic Monthly personal savings rate during COVID-19 in the U.S. 2020-2022
- Premium Statistic Leading mortgage lenders in the U.S. 2021, by value of loans
- Basic Statistic Mortgage debt outstanding in the U.S. 2001-2021
- Premium Statistic Mortgage delinquency rate in the U.S. 2000-Q3 2022
- Premium Statistic Biggest credit card issuers in the U.S. based on user count, 2019-2020
- Premium Statistic Share of unbanked households in the U.S. 2009-2021
Investment banking
8
- Premium Statistic Leading financial advisors to M&A deals in the U.S. 2022, by deal value
- Premium Statistic Value of M&A transactions in the U.S. 2006-2022
- Basic Statistic Number of M&A deals in the U.S. 2019-2022, by deal value
- Premium Statistic Largest IPOs in the U.S. 2022
- Premium Statistic Underwriters of largest IPOs in the U.S. 2022
- Premium Statistic Size of IPOs in the U.S. 2000-2021
- Premium Statistic Number of IPOs in the U.S. 1999-2022
- Premium Statistic Top 20 financial advisors to SPAC acquisitions in the U.S. 2022, by deal value
Corporate banking
5
- Premium Statistic Monthly value of commercial and industrial loans in the U.S. 2007-2022
- Premium Statistic Approval of small businesses loans in the U.S. 2021-2022, by lender type
- Premium Statistic Delinquency rates of U.S. business loans at commercial banks Q1 2000-Q1 2022
- Premium Statistic Charge-off rates of U.S. business loans at commercial banks 2000-Q1 2022
- Premium Statistic Level of debt held by small and medium companies in the U.S. 2020-2021
Workforce diversity
5
- Premium Statistic Gender diversity in leading U.S. banks 2021, by share of female employees
- Premium Statistic Board diversity at leading U.S. banks 2022, by gender
- Premium Statistic Gender diversity on senior level at leading U.S. banks 2021
- Premium Statistic Racial diversity in the total workforce of leading U.S. banks 2021
- Premium Statistic Racial diversity on executive and senior level at leading U.S. banks 2021
Further related statistics
7
- Expectations of senior compliance staff costs globally 2018, by region
- Expectations of compliance staff costs globally 2020
- Time spent per week by compliance teams updating procedures globally 2011-2020
- Number of financial institutions in Croatia 2016, by type
- Number of FDIC-insured savings institutions in the U.S. 2000-2020
- Assets of financial institutions in Mexico 2018, by institution type
- Number of deposit-taking institutions under regulatory authority in the UK in 2017
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Statistics
- Expectations of senior compliance staff costs globally 2018, by region
- Expectations of compliance staff costs globally 2020
- Time spent per week by compliance teams updating procedures globally 2011-2020
- Number of financial institutions in Croatia 2016, by type
- Number of FDIC-insured savings institutions in the U.S. 2000-2020
- Assets of financial institutions in Mexico 2018, by institution type
- Number of deposit-taking institutions under regulatory authority in the UK in 2017
Thomson Reuters. (June 27, 2019). Main reasons for financial institutions outsourcing compliance worldwide in 2019 [Graph]. In Statista. Retrieved April 01, 2023, from https://www.statista.com/statistics/656339/main-reasons-for-financial-institutions-outsourcing-compliance/
Thomson Reuters. "Main reasons for financial institutions outsourcing compliance worldwide in 2019." Chart. June 27, 2019. Statista. Accessed April 01, 2023. https://www.statista.com/statistics/656339/main-reasons-for-financial-institutions-outsourcing-compliance/
Thomson Reuters. (2019). Main reasons for financial institutions outsourcing compliance worldwide in 2019. Statista. Statista Inc.. Accessed: April 01, 2023. https://www.statista.com/statistics/656339/main-reasons-for-financial-institutions-outsourcing-compliance/
Thomson Reuters. "Main Reasons for Financial Institutions Outsourcing Compliance Worldwide in 2019." Statista, Statista Inc., 27 Jun 2019, https://www.statista.com/statistics/656339/main-reasons-for-financial-institutions-outsourcing-compliance/
Thomson Reuters, Main reasons for financial institutions outsourcing compliance worldwide in 2019 Statista, https://www.statista.com/statistics/656339/main-reasons-for-financial-institutions-outsourcing-compliance/ (last visited April 01, 2023)
Main reasons for financial institutions outsourcing compliance worldwide in 2019 [Graph], Thomson Reuters, June 27, 2019. [Online]. Available: https://www.statista.com/statistics/656339/main-reasons-for-financial-institutions-outsourcing-compliance/