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Originally Posted by Unregistered
I think you are confusing investment banking with private banking. Investment banking involves raising capital for companies / mergers & acquisitions / leveraged buyouts. It is the bankers putting money into the hands of the clients and not the other way round.
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this is even worst. Reminds me of Facebook IPO. Given a choice, are these big clients going to put the fate of their companies and future onto a RMIT or Ivy guy?