Fidelity International's CEO Robert Higginbotham urges firms to use the financial crisis to re-shape the industry for a new era
As the financial services industry comes through the recent crisis there are two hazards asset management firms should strive to avoid, according to Robert Higginbotham, president and CEO of Fidelity International’s (FIL) European business. One is the temptation to revert to the old ways of doing things as if nothing has happened, and the other is to succumb to the daunting challenges that face any firm wanting to engage meaningfully to develop an industry which is the custodian of people’s long term savings At a time when proliferating multi jurisdiction legislation, volatile markets a...
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