It is also expected to speed the pace of merger activity across the financial landscape.

A new system forced price competition where there had been none, and that soon changed the financial landscape in ways no one had expected.

If the market is wrong, then you could have enormous swings on the financial landscape.

The financial landscape has changed over the past few years.

But three primary forces - globalization, technology and product development - will remain to alter the financial landscape.

Just as the financial landscape is changing, so are the technological opportunities.

Q. Looking at the financial landscape over the last few years, what general changes would you say have been most significant?

Many of the financial sector laws date back several decades, when the financial landscape was very different from that seen today.

But in the recent period such rescues were a typical component of the financial landscape all over the world.

At the same time, money managers are building Europe-wide businesses, altering the financial landscape.