|Title / Titel||Investment Banking in Switzerland: Specialized Boutiques vs. Universal Banking DA|
|Abstract (PDF, 14 KB)|
|Original title / Originaltitel||Investment Banking in Switzerland: Specialized Boutiques vs. Universal Banking|
|Summary / Zusammenfassung||After the turmoil in the US subprime mortgage market and the subsequent credit squeeze some of the biggest banks in the world were forced to write down up to 20 billion US dollars in CDO’s and other related positions. In the course of this crisis discussion about the separation of investment banking emerged again and investment banking and supermarket banking strategy is under scrutiny.
The aim is to analyze universal banks from the view of investment banking. Of particular interest is the question what implication an integrated investment banking division has and what the advantages are compared to an investment banking boutique. The area of conflict shall be defined and focus shall be put on conflict of interest between shareholders and executive bankers as well as between divisions inside the banks; risk aspects and equity capital requirements shall be examined.
|Keywords / Suchbegriffe||Investment banking; specialization vs. diversification; financial crisis|
|Project leadership and contacts /
Projektleitung und Kontakte
|Funding source(s) /
|Universität Zürich (position pursuing an academic career)
|Duration of Project / Projektdauer||May 2008 to Sep 2008|