Investment banking is different from commercial banking
Corporate investment banking is done by some of the biggest financial institutions in the world such as Merrill Lynch, Credit Suisse, Goldman Sachs and many others. Until the late 80s, investment banks and commercial banks were kept separately in North America. Today, they are often combined. For example Merrill Lynch has commercial banking services and investment banking services, as most major institutions do. Investment banking is different from commercial banking in a variety of ways.
