How has the size of the securities firm and investment banking industry changed since the late 1980s?
Answer to relevant QuestionsWhat are the different firms in the securities industry and how do they differ from each other?How do agency transactions differ from principal transactions for market makers?What was the significance of the National Securities Markets Improvement Act of 1996? XYZ, Inc., has issued 10 million new shares of stock. An investment bank agrees to underwrite these shares on a best efforts basis. The investment bank is able to sell 8.4 million shares for $ 27 per share, and it charges ...What are the principal demographics of household owners of mutual funds?
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