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Finance and Credit
 

Problems of investment banking development and the consequences of the global finance crisis

Vol. 15, Iss. 36, SEPTEMBER 2009

Available online: 6 November 2009

Subject Heading: Financial crisis

JEL Classification: 

Lasarenko A.L. professor, Orel State Institute of Economy and Trade

Rykova I.A. associate professor, Orel State Institute of Economy and Trade
olegnashevce-orel@yandex.ru

Global investment banking branch is on the verge of disappearance today. But contraction of the new architecture of invest-finance sphere is impossible without specialize finance institutes. In the article opinions of supporters and opponents of specialization in the banking business are indicated; different interpretations of definition «investment banking» are systematized; American and Russian experience of investment banking function is researched. It is concluded that it is need of investment banks spite of global problems.

Keywords: investment banks, universalization, specialization, crisis, finance architecture

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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