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Sentiment surveys

The second quarterly Professional Broking sentiment survey has hinted that consolidation may occur i...

The second quarterly Professional Broking sentiment survey has hinted that consolidation may occur in earnest soon after the switch-on of state regulation under the Financial Services Authority in mid January.

Almost one-third of respondents, 28%, expected to acquire another broker in the next three months. This compared similarly with the results of the first sentiment survey in October, which also showed that just under one-third intended to acquire another broker or account.

However, only 6

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