Signalpost

For a couple of years now, everybody has been talking about the devastating implications of subprime, the credit crunch, the financial crisis – call it what you want. For a number of reasons, the current crisis could easily be compared to the great depression on the street in 1929 – which many have taken the opportunity to do. Not only because the current market turmoil is at a level that matches (or in some markets even outdoes) the chaotic levels we saw during the depression, but also because there is an interesting link combining the two crises, as the current crisis seems to be the end of the investment banking model that actually originated as a consequence of the 1929 crisis. The investment banking model worked well – very well – for many years, but we have now seen the end of it, which proofs that as soon as we end an era, we are also starting a new. Tomorrow’s investment bank & White Label Solutions