1. Buying Oppenheimer would provide CIBC with an investment-banking unit that focuses on stock sales and merger advice for medium-sized companies. 2. Buying Oppenheimer provides CIBC with an investment banking unit that focuses on stock sales and merger advice for medium-sized companies. 3. Commercial banks also have sought to capture the more lucrative Wall Street business, offering stock underwriting and merger advice to their corporate clients. 4. For example, it will permit the securities affiliate of banks to require that their clients use them for securities underwriting in deals where they provided merger advice. 5. Goldman has always been strong in merger advice and taking companies public. 6. In merger advice, it ranks ninth. 7. Investment banks are the securities firms that manage stock offerings and dispense merger advice. 8. It also moved to reduce reliance on debt trading and underwriting by expanding its share of higher-margin stock and high yield bond underwriting and merger advice. 9. It also moved to reduce reliance on debt trading and underwriting by expanding its share of higher-margin stock and high-yield bond underwriting and merger advice. 10. JP Morgan has been especially aggressive since its own merger to package merger advice with other capabilities like being able to offer loans to clients. |
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