Business mix
- It operates in two segments, Investment Banking and Capital Markets, and Asset Management.
- It also offers financing, securities lending, and other prime brokerage services; equities research, sales, and trading services; wealth management services; and online foreign exchange trading services.
- In addition, the company provides investment-grade distressed debt securities, U.S.
- It serves public companies, private companies, sponsors and owners, institutional investors, and government entities.
Current key questions
- Can asset growth, client flows, fee rates, credit quality, or spread income support durable earnings in capital markets?
- How sensitive are margins and returns to interest rates, market levels, funding costs, and regulation?
- Do capital allocation, risk controls, and balance-sheet quality improve long-term per-share value?