With all the changes starting to take place in the world of global finance, people have been throwing around lots of terms, and mentioning bills and acts and inciting confusion and anger. One of the most important ones that has recently caused an uproar is the Dodd Frank Act.
When we think of investment banking, we typically imagine high stakes dealings on modern-day Wall St. – but in actuality, investment banking has existed in some form for centuries. From medieval financiers to moneymen of the Great Depression and into this age of flickering financial reform, the history of the investment bank and the banking institutions is one filled with curiosity and intrigue.
Post Brexit, there has been an inevitable surge of uncertainty within the UK economy after the final decision for Britain to exit the European Union, leave winning by 52% to 48%. One of the larger topics causing added confusion lately seems to be Article 50. The term is popping up in television broadcasts, news publications, and blogs but what exactly is it?
2016 was an eventful year full of amazing moments and shocking upsets but for Prospect 33 it was one of our best years yet! From global expansion to new technology, fun events and amazing contributions; we're proud of the year we had and look back fondly. But what really made it the greatest?
1. We grew
With an increased presence in Singapore, Hong Kong, Canada, and Poland as well as the resounding success of our international exchange program, this was our biggest year for global expansion.
As I write you this letter from the far side of the world, I am filled with enormous pride and gratitude for all of the successes we have together achieved since Prospect 33 was founded more than a decade ago. It is inspiring to look back and see how far we have come to ensure our mutual growth within our own sphere in the Financial Industry.