Falcon Group: A bubble-free economy

As the financial sector enters 2011, evidence of the new austerity that the industry has embraced reaches Euromoney’s London offices. An invitation to a cocktail party by independent financial adviser Falcon Group greets us as we return from the Christmas break, delivered in the form of a bottle of champagne. Things can’t be that bad after all! Closer inspection reveals, however, that not only is the bottle a mere eight inches tall, it is... empty. Perhaps the elusive recovery in the sector will take longer after all.

As the financial sector enters 2011, evidence of the new austerity that the industry has embraced reaches Euromoney’s London offices. An invitation to a cocktail party by independent financial adviser Falcon Group greets us as we return from the Christmas break, delivered in the form of a bottle of champagne. Things can’t be that bad after all! Closer inspection reveals, however, that not only is the bottle a mere eight inches tall, it is… empty. Perhaps the elusive recovery in the sector will take longer after all.