What differences between MS/GS and boutiques business model
Hi everyone,
I am curious about the business model of GS and MS
They are pure investment banks, without retail arm (let's consider before the launch of Marcus), unlike JPM, BofA, Citi, Barclays...
So at this point how do they finance deals, underwrite debt and equity? Where is their balance sheet from?
What makes them distinguish from boutiques?
Many thanks
Hey Prospect in IB-M&A, the following topics might be helpful:
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