Financial services
January 4, 2021
Businesses need new management models amid the lingering pandemic. Image: Unknown
By Ellen Kelleher
The financial sector is expected to change in 2021 with the arrival of President-elect Joseph Biden in the White House, but executives at banks and wealth management firms continue to face separate challenges related to the upheaval brought on by the COVID-19 pandemic.
{"ct":"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","iv":"cbe76822d19788db449988ea96658467","s":"38884d40128c020f"}
Share your thoughts. Click here