Investment banking houses today often have divisions that engage in traditional investment banking and other divisions that engage in regular commercial banking.

Question

Quizplus · Accepted Answer

Investment banking houses have diversified their activities over the years, leading them to engage in both traditional investment banking activities (such as underwriting and advising on mergers and acquisitions) and commercial banking activities (such as taking deposits and making loans). This diversification has allowed these firms to better compete in the financial services industry.

Investment Banking Houses Today Often Have Divisions That Engage in Traditional