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    #1

    OPPOSITES no longer seem as attractive

    Dear all,

    How should I understand the underlined?

    Thanks in advance.

    Eartha

    OPPOSITES no longer seem as attractive. Universal banks combine the complexities of
    investment banking with simpler commercial-banking services for individuals and companies.
    Their proponents argue that the model offers the benefits of diversification, and enables banks
    to offer a full range of services to their clients. But even their backers are now having second
    thoughts. Sandy Weill, the man behind the mergers that created Citigroup, the archetypal
    universal-banking giant, surprised pundits last month by saying that megabanks should be
    broken up.

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    #2

    Re: OPPOSITES no longer seem as attractive

    You should understand that "opposites attract" is a maxim used when talking about affairs of the heart.

    • Member Info
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    #3

    Re: OPPOSITES no longer seem as attractive

    Hi SoothingDave,

    Does opposites refer to commercial and investment banking in this context?

    Thank you.

    • Member Info
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    #4

    Re: OPPOSITES no longer seem as attractive

    Yes. In the past commercial banks and investment firms were separate organizations.

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