Optimism surges in financial services sector - most upbeat for 17 - TopicsExpress



          

Optimism surges in financial services sector - most upbeat for 17 years Optimism in the financial services sector surged in the three months to September, as firms reported they were the most upbeat about their overall business situation for almost 17 years. That’s according to the latest CBI/PwC Financial Services Survey. Employment also grew, although at varying rates across different sub-sectors. But business volumes fell unexpectedly, mainly in the banking sector. The headline fall in volumes was driven by falling business with industrial and commercial companies and overseas customers. Volumes were stable with private individuals, which was disappointing given expectations of growth, while business with financial institutions was the only area to grow... Read On : hereisthecity/2013/10/07/optimism-surges-in-financial-services-sector-cbipwc/
Posted on: Mon, 07 Oct 2013 12:00:00 +0000

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