Worked on Wall Street for 10 years (92-02), now an academic. Need help with simple question for my research. Hope you can help out.
Here it is:
Now that the big investment banks are all making loans or are part of holding companies with large commercial banks (e.g. citigroup), are the relationship bankers who market and (with product specialist help) execute investment banking services (M&A, underwriting, etc.) the same bankers who market and execute the corporate loan product at your firm (or the ones you know about)?
I know Citigroup (my former employer) still has separate origination structures. I am told many others have unified.
Any help would be much appreciated.