not sure if this is the correct headline. finance overall is less popular but in 2008/9 most investment banks where either bought by "normal" banks or where simply allowed to convert their bank type from investment to "normal":
Goldman Sachs and Morgan Stanley "abandon their status as investment banks" by converting themselves into "traditional bank holding companies", thereby making themselves eligible to receive billions of dollars each in emergency taxpayer-funded assistance.
Goldman Sachs and Morgan Stanley "abandon their status as investment banks" by converting themselves into "traditional bank holding companies", thereby making themselves eligible to receive billions of dollars each in emergency taxpayer-funded assistance.
http://en.wikipedia.org/wiki/History_of_investment_banking_i...