The traditional business model of investment banks is facing challenges on several fronts simultaneously. Trading commissions are falling as digitally aware customers seek ever lower rates, while the proliferation of electronic platforms has led to low-commission, discount-brokerage models rapidly gaining market share.
Global Capital Markets
Brexit is much more than just a British event. There have been and will continue to be ramifications for the entire world, including the US, which has invested heavily in the UK. Predicting the likely impacts and developing the best responses are challenging the skills of even the most seasoned investors.