Introducing a blueprint for the future of investment banking, TABB Group’s founder and CEO Larry Tabb, the financial markets veteran industry analyst and author of “The Future of Investment Banking: Subprime and Its Impact on the Industry,” published today, says that “the subprime crisis needs to be put into a more immediate perspective so banks, brokers, industry executives and the entire financial services ecosystem can begin adjusting their business models, support systems and strategies to react to the massive changes affecting the financial markets.” He cautions, however, that regulators and legislators must also put these issues into perspective as they begin to implement changes that may inadvertently do more harm that good. Moving through a statistical, forensic examination of how the subprime crisis was built on...
[read full story]