A large sector which covers a huge range of companies from small and large lenders, asset and wealth managers, insurance, investment companies and those who provide a wide array of financial services.
They provide their services to retail and commercial customers. Much of the sector has been affected by increasing regulation and, in some cases, requirements to hold markedly higher capital reserves. Regulation, restructuring and compliance are expected to remain significant considerations for the sector.
Ian has over 25 years’ equity research experience as a Financials analyst, covering both UK and European banks, as well as specialist lending companies, wealth and asset managers. He has held senior research positions at Canaccord, Williams de Broë and Yamaichi Securities, where he was Head of Research. Ian has worked at Progressive since it was founded, in 2012. He is Head of Research as well as having responsibility for Financials coverage.