Investment banks on the spruiking circuit

After losing their way, investment banks are back in sales mode … and promoting each other.

Just imagine this. Investment banks urging investors to invest in investment banks.

A cynic could be forgiven for thinking this could be one of the greatest exercises in self-indulgence ever witnessed in the world of high finance, as rival investment banks rank each other as buys. Then again, they may just be on to something.

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