Financial Services Industry Report

Global economic integration is not a new phenomenon and has been taking place to some degree since ancient times. "Since the travels of Marco Polo seven centuries ago, global economic integration- through trade, factor movements, and communication of economically useful knowledge and technology- has been on a generally rising trend" (Mussa, 2000, p. 1). The financial industry is a very large part of these economic changes and will continue to play an important role into the twenty second century and beyond. The future changes of the financial market and how they impact stakeholders' relati…