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Question
Hi,
There are mentions that investment banks will be ditching "non-core businesses" next year... It might sound like a dumb question, but what departments are classed as "non-core"?
Thank you!
According to Ocwen Financial Corporation, it's core business is Residential Loan Servicing business, Ocwen Realty Advisors, Ocwen Recovery Group, Business Process Outsourcing and Commercial Servicing. Therefore it stands to reson that any other businesses are non core.
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Harry Hayfield
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I`ve been interested in investing in the stock market since December 1990 and in recent months have been an avid viewer of Bloomberg and CNBC Television.
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13 years of personal investing
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