Hurt By Hard Times, Financial Services Firms Seek New Directions

Topics:
Reporting and Control
Tags:
Better Management.com,
Mergers & Acquisitions,
IPO,
Investment,
Industry,
Human Resources,
Gender And Diversity,
Financing Startups,
Financial Services,
Financial Service,
...
Source:
Better Management.com

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Overview: The article says that past decade has been a tumultuous one for investors and for the financial services industry. The last half of the 1990s seemed, in many ways, the best of times. A soaring stock market created vast amounts of wealth and funded the startup of thousands of new companies using new technologies to implement new ideas. Investing -- speculating, actually -- became the hot topic of conversation and news media coverage. Thousands of men and women quit perfectly good jobs to become tic-obsessed day traders, and of course, the stunning number of initial public offerings, mergers and acquisitions made rock stars of venture capitalists, investment bankers and securities analysts. Read the article to know how the economy brought itself out of this downfall.

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Format: HTML | Date: Jan 2003 | Pages: 4

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