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Ernst & Young South Africa - Financial Services Index Quarter 2 2009 - Ernst & Young - South Africa

Financial Services Index

2nd quarter 2009

 

  • The Ernst & Young Financial Sector Confidence Index rebounded…
  • Flat income and falling profits hurt retail banks again…
  • Brighter prospects boosted investment banks’ confidence even though trading remains weak …
  • Recovering global stock markets and rising investor confidence aided investment managers …
  • Falling investment income continues to subdue life insurers …

To read the full report of the Ernst & Young Financial Services Index Q2 2009, click here. (pdf, 3.8mb) 

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