News

Financial markets have been faced with major upheaval this year. We would like to get a picture of these developments regarding their impact on the finance industry (banking and insurance).



Affiliates were asked if, as a result of the crisis, they expected or had experienced any of the following:

1. Job cuts?
2. Employers exerting pressure to lower working conditions and wages?
3. Movements towards further consolidation in the industry (mergers & acquisitions)?
4. Companies changing their business model?
5. Companies being in an economic critical situation?

Financial crisis will be discussed at the next Steering Group meeting taking place in September.