The world's securities firms are poised for 10 years of growth, according to Hans-Joerg Rudloff, the former chairman of that business at Barclays Plc.
“Investment banking has a brilliant future,” Rudloff, 73, said in an interview in Milan on April 16, making his first public comments on the business since retiring from Barclays in February. “The industry is looking at a golden decade.”
The growing need for capital will propel profits, once securities firms finish adapting to tighter rules designed to prevent a repeat of the financial crisis and shield depositors from trading losses, said Rudloff, who during his five-decade career helped foster the expansion of the Eurobond market in the 1980s.
Continue Reading for Free
Register and gain access to:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
