What is a recent development in the investment banking industry?
tommy752701 asked:
This is a question on a job application I am completing. I need to describe a recent development and how it would affect an investment banking department 1st hand in their day to day work.
Any ideas would be much appreciated!
Thanks
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This is a question on a job application I am completing. I need to describe a recent development and how it would affect an investment banking department 1st hand in their day to day work.
Any ideas would be much appreciated!
Thanks
April 5th, 2009 at 4:43 am
the investment banks are no longer since they all took money from TARP
April 6th, 2009 at 12:03 pm
Investment banking model is not going anywhere. If you look at their core business model, it will remain. Industry still has to and continue to do business. However, their existence as independent units is in for change (and it is changing). They will continue to operate within the banking industry as a part of bigger/wider corporation. Rather than remain independent, take more risk, more leverage, they will evolve to be more rationale within acceptable risk management. Just give it may be 4 or 5 years these units will become pervasive again. give it time to evolve.