Due to the credit crunch, sustainabiltiy of investment banks are worsening, do these banks still have a future? Since the start of the worldwide financial crisis, profits of investment banks have decreased rapidly. Some even had to be taken over by universal banks (eg Bear Stearns). Nevertheless there are still investment banks that remain independent (eg Morgan Stanley), they can grab the oppurtunity to increase their market share.
Daan Van Parys
Source: The Economist
1 opmerking:
Text ok, nicely coherent
Title not very attractive, though.
sustainability (check your spelling!)
IS worsening
syntax of the 1st stce is unclear
universal banks?
comma after 'nevertheless'
colon (:) before 'they can'
oppOrtunity
Een reactie posten