INVESTMENT BANKS AND THEIR ROLE IN THE FINANCIAL CRISIS

Emilia-Anuta Corovei
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Emilia-Anuta Corovei: BABES-BOLYAI UNIVERSITY OF CLUJ-NAPOCA ROMANIA, FINANCE DEPARTMENT

Annals - Economy Series, 2015, vol. 2, 118-123

Abstract: In this paper we pointed out the general elements relating to investment banks: the definition of these institutions, their customers, the structure and their functions. The purpose of this article is to explore the role of investment banks in the development of the financial crisis. We focus on the activiti es during the crisis. Those activities contributed to the economic collapse that came full -blown the following year. Finally we made a short presentation of the investment bank Morgan Stanley, the bank that was considered "the best investment bank" at the end of the crisis period (2011).

Keywords: investment banks; financial crisis; Morgan Stanley investment bank (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2015:v:2:p:118-123

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