Constant state of regulatory change is regarded by most as ‘The New Normal’
Financial firms are failing to capitalise
on regulation for investment and business change, as the
investment banking community struggle with a state of constant
regulatory change dubbed 'The New Normal.’
According to new research from IT services
and banking consultancy, GFT, just 18% of respondents from the
66 global investment banks and central counterparties (CCPs)
surveyed are treating regulation as an opportunity to drive
investment and business change in their organisations, marking
a sign of an untapped area for future growth.
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