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Essay text:
Name at least 4 large investment banking companies.
Morgan Stanley, Merrill Lynch, Goldman Stackson, Leeman Bros and CSFB.
3. When were trading commission on stocks deregulated and how did this affect investment bank revenue? Apart from trading commissions, name two other sources of revenue for investment banks.
May 1st 1975 was when trading commission stocks were deregulated. The investment banks were affected regarding there revenues because the brokerages changed from a fixed commissions for securities to a negotiable one. Other sources of revenue are commissions and 7% earned to investment bankers...
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