Financial Services

The importance of the financial services sector for the Czech economy has been magnified by the recent global financial and economic crisis. The sector’s stability and efficiency largely contributed to the fact that Czech Republic has not been affected by the crisis as deeply as other countries in the region. Subsidiaries of international financial groups in the Czech Republic helped stabilise and mitigate the negative trends affecting their parent companies abroad.

We expect the financial sector to continue to develop dynamically and to significantly contribute to the Czech economy’s recovery in the upcoming years.

Our financial services team brings together experts in audit, accounting, tax, corporate finance, risk management and forensic services. Its members are ready to support financial services companies in their dynamic growth. We specialise in providing services to clients in the following industry sectors:

• Banking
• Leasing
• Insurance
• Investment management
• Real estate

IPO Watch

IPO Watch Europe – Q2 2010
There is a big activity in the area of primary emissions (IPO) at the European stock markets headed by London. The second quarter of this year is already the fifth growing one in a row. The newest PwC survey „IPO Watch Europe" shows slow revival of investor’s interest in primary emissions. Total value of European primary emissions however stays far beyond numbers that we have seen before economic crisis. IPO Watch Europe - previous editions

IPO Watch Europe – Q1 2010
IPO Watch Europe surveys all new primary market equity IPOs on Europe’s principal stock markets and market segments (including exchanges in Austria, Belgium, Denmark, France, Germany, Greece, Holland, Ireland, Italy, Luxembourg, Norway, Poland, Portugal, Spain, Sweden, Switzerland and the UK) on a quarterly basis. Movements between markets on the same exchange and greenshoe offerings are excluded. This survey was conducted between 1 January and 31 March 2010 and captures new market IPOs based on their transaction date. All market data is sourced from the stock markets themselves and has not been independently verified by PwC LLP. IPO Watch Europe - previous editions

IPO Watch Europe – Q4 2009
Europe’s IPO markets recorded a distinct upturn in activity in the fourth quarter (October to December) of 2009, with both value and volume rising markedly over the previous nine months when stock exchanges continued to suffer from the worldwide loss of confidence in the capital markets and the recession. However, pricing proved difficult in what remains a buyers market, according to the latest IPO Watch Europe, the PwC survey tracking the volume and value of IPOs around Europe. IPO Watch Europe - previous editions

IPO Watch Europe – Q3 2009
Cautious optimism as European IPO markets start to show signs of recovery. IPO Watch Europe - previous editions

IPO Watch Europe – Q2 2009
European IPO markets remain largely closed as secondary issues absorb investors’ funds. IPO Watch Europe - previous editions