2016: The year the game changed

Both inside and outside the financial services industry, 2016 will be remembered as a major turning point in history.

It certainly proved an eventful one. The UK voted to leave the European Union in June and wildcard Donald Trump was elected the 45th US president as populist parties set the political agenda, culminating in the rejection of Italian Prime Minister Matteo Renzi's reform programme in last week's referendum. Investors suffered an aggressive market sell-off at the start of the year on China woes, but they quickly switched their concerns to Europe by Q2, with Brexit jitters weighing on investment decisions. The vote to leave the European Union brought a number of challenges for the industry...