2015 Banking and Finance Outlook

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After years of stagnation following the financial crisis, the banking and financial services industry is seeing positive momentum, though there are still challenges ahead.

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The banking and financial services sector in San Diego continues to face some challenges, attributed to new regulations, lower disposable income and uncertainty in the U.S. economy. Thanks to these issues, local financial employment has remained flat over the past 12 months, while all other employment sectors have recorded gains.

Industry employment grew at its strongest rate since 2006, up 1.9 percent year-over-year, though it remains 3.7 percent below the pre-recession peak.

As firms focus on further improvement, core strategies across the board are to continue to rein in expenses, and increase revenue through organic growth. How? Click here to download the full report and view the interactive map.

Post this: FinTech is the latest trend to impact the Financial Services and Banking industry. JLL examines what it is and why it¹s growing so fast. Share on LinkedIn

Click to Tweet: #Relocations trump renewals within the #office segment of #Banking and #Financial Services in 2014. @JLLNews reports. http://ctt.ec/xM4el

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