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Topics: Economy

GenAI holds promise for family business, but critical gaps remain: PwC’s Global NextGen Survey 2024 - Asia Pacific Highlights

GenAI holds promise for family business, but critical gaps remain: PwC’s Global NextGen Survey 2024 - Asia Pacific Highlights

73% of NextGen in Asia Pacific believe that generative AI (GenAI) is a powerful force for transformation, but many question the ability of their family business to capitalise on it Only 8% of family business in Asia Pacific have adopted GenAI, while 56% have yet to explore the technology A mere 9% of Asia Pacific family businesses have established protocols on the responsible use of emerging tec

2015 transactions of unloved European loans will top €100bn – PwC

2015 transactions of unloved European loans will top €100bn – PwC

Six years after the financial crisis, European banks still hold around €1.9 trillion of unwanted loans, says PwC • 600 bankers & investors gather in London for 6th PwC annual bank restructuring and loan portfolio conference • Five more years of loan-dealing for banks to fully deal with non-core and non-performing loans • CEE &Italy are emerging markets for non-performing loan transactions