What is a recent development in the investment banking industry?

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

Asked By: tommy752701 - 1/28/2009
Best Answer - Chosen by Asker
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/... More
Answered By: Dividend Tree - 1/28/2009
Additional Answers (1)
the investment banks are no longer since they all took money from TARP
Answered By: Robert M - 1/28/2009
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