CEO and senior recruiter of Elite Consulting Partners, Frank LaRosa knows how to make connections in the financial services industry. Frank LaRosa has been using his years of experience to help executives make transitions, and corporations grow. 

The financial services sector is thriving for a number of reasons. Banks like J.P. Morgan, Wells Fargo, and Citigroup have reported strong quarterly earnings. A healthy economy is spurring loan growth and lending. Meanwhile, interest rates are rising, which can give banks more profits through net interest income revenue.

In the long-term, banks are also poised to benefit from loosening regulations on their capital holdings. With lower capital requirements, big banks will be free to spend more on moves that directly benefit their shareholders, like issuing dividends or repurchasing shares. J.P. Morgan is among the banks with lower key capital ratios; in fact, its key capital ratio, or the measure of its capital as a percentage of its assets, is the lowest it has been in a year. 

With more capital on hand, banks can also pay their employees more in an increasingly competitive employment environment. They can also lend more to clients.