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.