|
Aidan Kennedy
is a partner in CTPartners Financial Services practice, based in London.
Paul
Aldrich is based in Hong Kong. In this second part of a 2-part
podcast series, we ask them to share their views on how companies in different
geographies will react to new regulations and new threats. |
Highlights
0:00 The strategy going forward is going to be very
institution-specific. Some companies are trying to just stabilize, others are
aggressively going after market share.
3:02 Paul believes that the two
areas that will be most closely scrutinized going forward are Risk Management
and Compensation. One solution no longer fits all, and there will be some
unintended consequences.
4:42 Will compensation continue to be universal?
Government regulation and public opinion will have a short-term impact. Much of
that will be for political as much as economic reasons.
8:20 Paul believes
that the public won't notice a sharp notice in banker compensation.
9:16
Aidan shares his view- looking back on this year it will be those who invested
now, rather than got overly conservative that will be positioned to reap the
benefits.