Tuesday, September 29, 2009

Investment banking divisions of banks gaining strength again?

As per the reports, The investment banking operations for HSBC and Barclays capital have done very well in the opening half of 2009 as compared to their positions in 2008 where they suffered huge losses. Its being said that the other bank's investment banking division is also picking as evident from their increase in profits.
But if this sustainable growth in investment banking divisions then, why are banks not able to pay back their government bail out packages? Is this growth justified?

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