It goes without saying that events over the last few weeks have created unprecedented challenges to people working in financial services. As many firms move to remote working arrangements and look to call upon operational resilience plans, it is clear that for the time being, we will be inhabiting a very different world.
However, since the 2008 global financial crisis adapting to change has become business as usual for the financial services industry.
Over the coming weeks, partners from our financial services team will be sharing with clients and contacts a series of video diaries setting out their views on the latest developments in respect of COVID 19 impacts in the various areas of financial services.
In our first video diary Jonathan Herbst gives his thoughts on some of the wider issues that the pandemic presents to the financial services industry. Subsequent video diaries will feature our financial services partners discussing the impact of the pandemic on market infrastructure, asset management, banking and retail sectors.