Steven Fine Peel Hunt
(Picture: Paul Dallimore)The extent of the strife in the City was laid bare today when investment bank Peel Hunt reported a crash in profits as company floats dry up and clients fret about the global economy.
Chief executive Steven Fine admitted the environment is “rough” and noted that when on the global stage “unpredictable individuals are doing strange things” financial markets are likely to be rocky. The firm reported “exceptionally low levels of capital markets activity”.
