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Investment banking is very different from consumer, or commercial banking, which is what most people think of as “banking,” so as investors, it’s important to understand the distinction.
Especially high priority for Wells: snagging investment banking business with commercial banking clients, DuBose said. That means her area of the bank is staying connected with investment banking ...
HSBC is weighing combining its commercial and investment bank divisions as part of new Chief Executive Officer Georges Elhedery’s push to eliminate overlapping roles across the company and shed ...
HSBC Mulls Merging Commercial, Investment Bank to Cut Costs Deliberations come as Elhedery takes reins as chief executive Combined unit would be home to more than 90,000 HSBC employees ...
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