Investment banking has changed dramatically some key, Financial Management

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Investment banking has changed dramatically some key

Investment banking has changed dramatically. Some key players either went bankrupt or were bought out. The remaining two investment banks had to apply to become bank holding companies. However, the industry experienced something of a comeback. Goldman Sachs reported record quarterly profits in the second half of 2009. How do you think the industry will fair in the long term? What advice would you give to the CEO of an investment bank?

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