Six in 10 financial services workers worried about threat of Brexit

Industry News | 11/12/19

Six in 10 financial services workers fear the aftermath of Brexit will be the single biggest challenge the sector has to face over the next 12 months, according to a report published. The survey of more than 500 financial services workers by content software firm Nuxeo also identified other potential threats on the horizon for 2020. Top concerns included cybersecurity threats and information and data breaches (36 per cent), physical branches closing down (26 per cent), the burden of increasing regulation (24 per cent), competition from big tech firms moving into financial services (21 per cent) and competition from new challenger banks (20 per cent).

Source: city am