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[IWS] Towers Watson: FINANCIAL SERVICES SECTOR: GLOBAL CHALLENGES, EMERGING ISSUES [13 January 2014]
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
FINANCIAL SERVICES SECTOR: GLOBAL CHALLENGES, EMERGING ISSUES [13 January 2014]
[full-text, 4 pages]
Press Release 13 January 2014
Financial Services Sector: Global Challenges, Emerging Strategies
The financial services industry continues to face a challenging global business environment, and public criticism about pay and other practices. In Europe, Capital Requirements Directive IV, taking effect in January 2014, will affect bankers' pay. And investment fund management in other industries will be affected by similar regulations, including Undertakings for Collective Investment in Transferable Securities and the Alternative Investment Fund Managers Directive in the European Union.
How are these regulations, along with significant strategic changes in financial services companies, affecting the competitive environment? And how will these organizations stay focused on high, sustainable performance while balancing stakeholder demands?
In this roundtable discussion, Towers Watson experts in executive compensation, communication and change management, employee engagement and organizational culture, and financial services consulting discuss the challenges and outlook for the industry
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