Financial Communications: Helping our Wall Street clients tell their story

Profits are down on Wall Street.  By about half: $13.5 billion v $27.6 billion the year before.  This is reported in POLITICO because it's a matter which can be fixed by lobbying.  And that's the job of us in financial communications.

A big part of the money problem is the new regulations, ranging from Dodd-Frank to the Volcker rule.  And the consequences aren't just about dollar figures.  They also are about the competitiveness of the U.S. financial industry. 

Financial players who want to innovate will likely do that in Asia, U.K. or even Canada .  As THE ECONOMIST reports in its current issue, innovation is back in finance.  Not that it ever left but the global financial crisis put a bit of a kibosh on innovators rolling out their products.  With a recovery taking hold, there will be a growing market for those innovations and American players might find themselves out of the loop.