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Written by Jeanine Canneto
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Sunday, 07 December 2008 |
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Middle market investment banking is likely to take on new prominence for Wall Street and the nation’s large banks as financial service companies go down market to look for new sources of revenue to replace large corporate deal flow. However, despite the huge potential profits to be made in advising mid-cap companies on mergers & acquisitions and initial public offerings, the middle market has proven very difficult nut for most banks to consistently crack. |