How Wall Street Manufactures Financial Services Products
Jan 13th, 2009 | By Shah Gilani | Category: Financial NewsWall Street bankers create products like any other manufacturer seeking to sell goods or services for a profit. The products those bankers create are financial instruments and the services they sell include advisory services, which they provide to investors and use to sell their financial products. And being the shrewd businessmen and women they are, Wall Street’s bankers also make a habit of being both buyers and sellers of their own products. All the better to serve their customers who wish to trade their products.