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Industry Trends
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Topic: Industry Trends
Sort Desciption: Industry Trends Late 2003 found the financial services industry leveling out after a tumultuous few years in 2000-2002. Stock markets were crawling back, regaining some ground from ...
Content Inside: Industry Trends Late 2003 found the financial services industry leveling out after a tumultuous few years in 2000-2002. Stock markets were crawling back, regaining some ground from spectacular losses. Property and casualty insurance underwriters moved back into profitability in 2002 after unprecedented losses the previous year. Interest rates remained quite low, although up from a low point which occurred in June 2003. Investment bankers and stock brokerages seem to have put the stock market crash, stock analyst woes and accountability problems of 2000-2002 behind them, and layoffs in that sector have leveled off. Even tech stocks and online trading were gaining ground, well off their low points, while the occasional IPO was finding success. Venture capitalists are ...