One of them was a dominance in high yield fixed income securities in both underwriting and trading by picking up most of the expertise from Drexel Burnham Lambert after its demise in the late 1980s.
One of them was a dominance in high yield fixed income securities. They gained this dominance in both underwriting and trading by picking up most of the expertise from Drexel Burnham Lambert after its demise in the late 1980s.