Sunday, July 25, 2010

Developments in Financial Services Industry:Exciting times for a career opportunities

Robert E. Diamond Jr., the president of Barclays, has a lot to say about bank bailouts, stress tests and executive bonuses.

The bank has weathered the financial crisis far better than its competitors, staying profitable during the crisis and even picking up Lehman Brothers’ lucrative North American operations. Mr. Diamond told the Fox Business Network on Friday that he was a supporter of the financial regulatory overhaul and that it would help end “too big to fail.”

The comments above show the opportunities that bigger banks such as Barclays see in the post-regulation era. Now that the banks have accepted that regulation is "très important à l'avenir" its going to dominate the scenario on the banking domain in coming years.



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