Barclays to cut 20,000 jobs; trading revenue down 41%

You will see a lot of boutique firms, hedgefunds, and independent traders crop up.

Most of these will fail.

Like any business start-up : there is a win rate and attrition rate.
I guess it must be around 20% of these new financial businesses that
will do well. :)
 
Like any business start-up : there is a win rate and attrition rate.
I guess it must be around 20% of these new financial businesses that
will do well. :)

I would the percentages would be even lower than that.

What does a small boutique firm in finance really offer?
 
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