Global Trends For the Financial Service Industry

Finance Review

The financial services industry is facing serious challenges as the economic crisis continues. Continuous imbalances are the root cause of the crisis, which includes long periods with low interest rates, rapidly rising asset prices, massive credit and savings inequalities, as well as low interest rates for large parts of the country. These changes were predicted by the World Economic Forum’s 2007 and 2008 Reports. The market has had decades of extraordinary growth and capitalism at its finest. However, the market is now adapting to tighter credit, increasing government intervention, a slower pace…