Market volatility ‘biggest concern’ for financial firms, finds survey

Market volatility is the biggest risk for financial institutions over the next 12 months, according to a survey by international law firm Norton Rose. Regulatory risk and concerns about political intervention in financial markets are also seen as major threats. In contrast, fears over liquidity risk have declined, despite the increased market volatility in the third quarter of the year. In fact, respondents were more concerned about market confidence than liquidity levels and were struggling