GFCI 5 results reflect the severe loss of confidence across all centres. There has been a significant fall in scores for all 62 centres rated here, reflecting a more negative perception of the performance of financial services generally and the effect of the severe downturn in some financial sectors, in particular in investment banks and hedge funds. There is also a much higher degree of uncertainty about the future amongst financial services professionals, demonstrated by a greater degree of volatility in their questionnaire responses regarding current and future competitiveness and success – this is a global crisis with a widespread negative effect on predictability.
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Yeandle et al. (2025) studied this question.
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