Trading technology hit by 40%

Investment in trading and related technologies by UK financial institutions is forecast to be about 40% lower in 2002 than in 2001, according to Kimsey Consulting.

In its latest UK Dealing Room Survey, Kimsey, a UK consultancy, found that increased demand for trading and related technologies is not likely to return until around 2004.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink