| One language is beginning to emerge as the focal | | | | same time, asset management and insurance |
| point of financial services organizations stretching | | | | have predominantly remained under the control of |
| from established capital markets in New York, | | | | local players. As a result, the most significant |
| London and Hong Kong to fast-growth and | | | | movement of talent has been in investment and |
| emerging global business centers such as Dubai, | | | | consumer banking. |
| Shanghai and Mumbai. | | | | The Rising Tiger: India Emerging As A Global Force |
| It is the language that unifies global strategy with | | | | In Financial Services |
| tactical execution in an increasingly competitive | | | | The growing influence of the Indian economy is |
| global market for financial services. And one that | | | | fast becoming a global platform for new growth in |
| speaks to future performance potential more | | | | financial services, and three significant drivers are |
| clearly than any other. | | | | now driving this increasingly diverse sector of its |
| It is the language of talent. | | | | markets. They are economic growth, |
| The View From New York: A Retrenchment Of | | | | demographics and regulation. |
| The Financial Landscape | | | | Long a significant net exporter of management |
| Recent workforce downsizing by some of Wall | | | | talent, the burgeoning financial market in India is |
| Street's largest employers have elevated | | | | attracting global pools of talent to help address |
| concerns that the tumult in the U.S. economy | | | | the booming corporate and consumer demand. |
| could lead to a 20 percent cut in the financial | | | | India is already luring many expatriates back to |
| services labor pool. But since the financial impact is | | | | their homeland and this long-standing tradition of |
| spread across investment banking, asset | | | | exporting talent may reach a more level playing |
| management and capital markets, each with its | | | | field in the years to come. |
| own competitive pressures, the long-term | | | | Interpreting Financial Services Maturation Across |
| consequences of this market realignment are still | | | | China, Asia And Beyond |
| unclear. | | | | The financial services market is maturing and |
| Europe Braces For U.S. Fallout, But Gains Clout As | | | | segmenting much more quickly in the emerging |
| Bridge To Eastern Markets | | | | markets of Asia than it did in the West. The level |
| Uncertainty about the magnitude and reach of | | | | of sophistication in financial services and other |
| tremors that will invariably extend from the | | | | markets that evolved over 200 years in the |
| financial services sector in the United States to | | | | West is developing in a much shorter time frame |
| the United Kingdom and continental Europe have | | | | in Asia. |
| already unsettled the significant investment | | | | The executive search war for talent is being |
| banking market in London. | | | | brought forth in Asia, but the fiercest heat of |
| Over the past three years, the financial sector | | | | battle is in the two sectors that are growing the |
| has been booming. Most of the key global players | | | | fastest and globalizing the fastest and becoming |
| either entered the market or re-launched their | | | | as sophisticated as their Western counterparts - |
| businesses in Russia, especially those in | | | | and those are financial services and information |
| investment banking and consumer banking. At the | | | | technology. |