A survey by Complinet found that 77% of respondents believe that regulatory reforms aren’t enough to avert another meltdown. The survey also found that the majority of regulatory experts questioned predicted the next significant economic downturn before 2015.
The survey also showed that only 40% thought their firm had changed its approach to compensating employees based on a better understanding of risks associated with the business. And 91% recognised that the current bonus culture is resented by those outside the financial services industry. But the survey also showed that 62% of senior management believe they’re putting the right controls in place.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.