Financial services is familiar with crisis…
Global health crisis Covid-19 has already changed life as we know it. The virus and its tragic human impact have resulted in unprecedented government intervention, social isolation measures, record unemployment – and the biggest fiscal stimulus ever launched.
On an economic level, central banks have responded by cutting interest rates, lending freely and encouraging financial institutions to extend credit to adversely affected firms and consumers, to prevent a prolonged recession. In capital markets, Covid-19 has caused the fastest bear market in history.
On top of this, we’re seeing huge shifts in the way that we work, educate and consume, with technology and automation set to transform industries in wholly new ways.
Download the full report here Teamspirit Covid-19 Comms Whitepaper