Long Finance, Financial Centre Futures, (December 2011), 66 pages.
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Financial services have become a major component of western society. Today, the key questions for financial services professionals, as well as their customers, are whether this level of activity constitutes a bubble or whether it is sustainable. What will the industry look like in 10, 20 or 40 years time? This report paints four scenarios which are built on the best forecasts we have for 2050 in terms of population and the use of technology. Additionally, the report explores the imponderables: how will society organise itself, and the role of financial services, within these scenarios.
This free-to-download report was published as part of the Financial Centres Futures programme in December 2011.