But the story is very different for investment banking services that ironically benefited over the period due to the low interest rates.
FORBES: Here Are Some Positives From Bank Of America's Earnings
Bank of America is one of the leading financial institutions in the U.S. and provides a range of products and services like credit cards, mortgages, auto loans, commercial loans, investment banking services and wealth management.
Lazard has always specialised in advising clients rather than offering a full range of investment-banking services.
The clients aren't coerced--they pay large fees because they value the advice and investment-banking services that are offered to them.
The business is lost because big banking groups can use their strong balance sheets to offer loans and other products requiring a top credit rating, along with the usual investment-banking services.
Pfizer is a client of Goldman, and has received investment banking and other services in the past 12 months.
FORBES: Pfizer Spinoffs May Be Prelude To A Bigger Breakup, Analyst Says
Citigroup's 1998 merger of insurance, banking, investment banking and brokerage services on such a large scale forced the government to revamp its laws, not the other way around.
"If Bristol were to up its offer at this time, it would only be competing with itself, " said UBS analyst Roopesh Patel, whose firm has provided investment banking and other services to Bristol-Myers.
In the UK, it may mean revisiting whether the proposed ring fence between retail banking and investment banking is protection enough for essential banking services.
Hicks founded Southridge Capital in 1996 and also set up an affiliated brokerage, Southridge Group, which provides investment banking and financial advisory services.
Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management.
ENGADGET: Google Wallet mobile payment service, Google Offers announced
Headquartered in New York, Evercore provides various investment banking advisory and investment management services.
For accountants, the harshest aspect of the new legislation is its outright ban on nine kinds of non-audit service, including building financial-information systems, legal services and investment banking.
Insurance, banking, and investment services are ahead of other industries.
CNN: Gartner's year-2000 survey finds widespread disruptions likely
After all, I quit the practice of law in part because getting paid on an hourly or retainer basis could never be as interesting (or profitable) as creatively managing an investment banking, brokerage and investigative services firm.
FORBES: A Proposal For Managing Pension Consultants (September 1, 2000)
Bidwell scrutinized seven years of employee data, from 2003-2009, from the U.S. investment banking unit of a financial services firm, which included information on 5, 300 employees in multiple jobs, from traders and research analysts to support staff.
FORBES: Why Promoting From Within Usually Beats Hiring From Outside
The company through its bank provides traditional commercial, retail and mortgage banking services, as well as other financial services in the fields of investment banking, asset management, trust, mutual funds, securities brokerage, insurance and other specialty financing.
This is particularly true in STEM professions (science, technology, engineering and math) and in professional services (like investment banking and law).
FORBES: How The Definition Of Leadership Is Changing For Women
Wintrust Financial Corp. is a bank holding company that provides banking services, trust and investment services, commercial insurance premium financing, short-term accounts receivable financing, and certain administrative services.
Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.
Its investment banking division provides debt and equity underwriting services to corporates and merger related advisory services for institutions and competes with other established investment banks such as Goldman Sachs, Morgan Stanley, Deutsche Bank, UBS and Wells Fargo.
In owning select institutions that he expects to be acquirers, targets or investment banking intermediaries in a new wave of financial services mergers and acquisitions.
For over two decades, First Line Capital, LLC, a boutique international investment banking firm, has been faithfully providing comprehensive services to public and private companies internationally.
NewAlliance Bank provides commercial banking, retail banking, consumer financing, trust and investment services.
Through various subsidiaries, Old National provides a broad range of banking services as well as trust and investment management services, insurance brokerage services for both individuals and companies, and investment products.
The Commission, set up by the Treasury, recognises there would be great technical difficulties for big banks, such as Royal Bank of Scotland and Barclays, in insulating their retail activities, that concentrate on providing services to households and smaller businesses, from investment banking.
First Republic Bank and its subsidiaries provide private banking, private business banking and private wealth management, including investment, trust and brokerage services.
In recent years the trend has been towards some form of universal banking, with the same bank providing both retail and investment services.
The Company's products and services include residential lending, commercial real estate lending, personal lending, private business banking, deposit services, trust services, brokerage services and investment management services.
The Company operates 3, 086 banking offices in 25 states and 5, 080 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions.
ENGADGET: US Bank kicks off 'Go Mobile' payment trials with NFC-equipped iPhone case
应用推荐