Without ambition, Wall Street would be nothing. Many people are fighting their way up the ranks of the large investment banks; quite a few more have left them entirely to set up small boutiques, in the hope of making a lot of money by providing specialist services. Roberto Mendoza and Peter Hancock, however, both highly successful executives at the pre-merger JP Morgan, have decided to go further, to set up a fully fledged investment bank called Integrated Finance Ltd (IFL).
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