| dc.description.abstract | Banking business is faced with many challenges, one of them being the turbulent changes
in the competitive environment. Investment banking is no exception. This study
investigates the challenges and factors facing investment banking in Kenya
Data was collected using a semi-structured questionnaire. 30 commercial banks, 3
investment banks, and 18 investment advisors,. responded to the questionnaire. This data
was thereafter analyzed using mean scores, percentages and factor analysis to identify the
most important factors and challenges influencing investment banking.
The analysis revealed that both internal and external factors have the biggest impact to
the investment banking industry. Internal factors included weak policies, poor
management and low capitalization, while external .f.actors included high inflation, high
interest rates, poor governance and political' instability. The challenges facing investment
banking included technological changes, demographic factors, lack of active trading
market and globalization. | en |
