Outlook 2009: From private equity to corporate developments
A host of experts offer their views on what various markets might do in the coming year.
Just to set you all off on the right foot for January, Finance Week has gathered a number of opinions from experts on what to expect this coming year. Their views are not as negative as some might feel is appropriate, although caution is certainly more of trait this year than it was last.
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The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more