The investment bank Moelis is preparing to go public and join already-public investment banks Evercore (NYSE: EVR ) , Greenhill (NYSE: GHL ) , and Lazard (NYSE: LAZ ) on the public markets. Is this segment of the financial sector a good long-term bet?
In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson debate the merits of investing in stand-alone investment banks.
Meanwhile, disruption for the big banks could be right around the corner.
Do you hate your bank? If you're like most Americans, chances are good that you answered yes to that question. While that's not great news for consumers, it certainly creates opportunity for savvy investors. That's because there's a brand-new company that's revolutionizing banking, and is poised to kill the hated traditional brick-and-mortar banking model. And amazingly, despite its rapid growth, this company is still flying under the radar of Wall Street. For the name and details on this company, click here to access our new special free report.