Financial Execs Poll: 70% see recovery in 2010

Share this

Stephen Bernard reports, “Financial services executives believe business conditions will bottom in 2009 before a recovery in the sector and broader economy occurs next year, according to a new study from KPMG LLP.  About 70 percent of the 130 executives polled believe revenue and profitability in the financial services sector will improve in 2010, according to the business climate survey conducted by the audit, tax and advisory firm. However, respondents were split about whether a recovery among financial firms will lead or lag a rebound in the broader U.S. economy.”  Continue: