Test of nerve

Tora, Brian
July 2009
Money Marketing;7/9/2009, p24
In this article, the author discusses the impact of recession in financial performance in the financial services industry in Great Britain. He says that there are some financial institutions that are having plenty of cash, despite the financial crisis and the destruction of bank's balance sheets. He also believes that due to the current economic crisis, the British government employee pensions will be limited.


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