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The financial industry is one of the largest industries. It consists of several sectors, including the bank, investment firms, insurance firms, and property companies that see the commercial and retail needs of individuals. Their indirect impact on the economy is too vital to set aside. Here are some HR challenges in financial services. In the last few years every industry has experienced cutting-edge change. This has forced everyone to adapt to new realities. The Banking services industry fell into a bad cycle and had to make changes too. First was working remotely alongside the increase in risks, uncertainties, and more workload for employees.