Where's the Crunch?

April 2003
Investment Dealers' Digest;4/28/2003, Vol. 69 Issue 17, p4
Trade Publication
This article presents the opinion of the author on the price that banks have to pay for forays into investment banking. There is a capital shortage now, or looming when certain rules are changed, that is leading to an inability of commercial banks to provide the funds needed to grow their investment banking businesses. It is also implied that the so-called universal bank model is not working and that large banks like JPM and C might actually consider selling or spinning off their investment banks.


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