▁advis ory , ▁synd ic ated ▁lo ans , ▁equ ity ▁capital ▁mark ets ▁and ▁deb t ▁capital ▁mark ets ) ▁of ▁each ▁bank ▁and ▁does ▁not ▁include ▁the ▁generally ▁much ▁larger ▁portion ▁of ▁reven ues ▁from ▁sales ▁and ▁trad ing ▁and ▁asset ▁management . ▁Mer gers ▁and ▁ac quis itions ▁and ▁capital ▁mark ets ▁are ▁also ▁often ▁covered ▁by ▁The ▁Wall ▁Street ▁Journal ▁and ▁Blo om berg . ▁ ▁Fin an cial ▁crisis ▁of ▁ 2 0 0 7 – 2 0 0 8 ▁The ▁financial ▁crisis ▁of ▁ 2 0 0 7 – 2 0 0 8 ▁led ▁to ▁the ▁collapse ▁of ▁several ▁notable ▁invest ment ▁banks , ▁such ▁as ▁the ▁bank rupt cy ▁of ▁Le h man ▁Brothers ▁( one ▁of ▁the ▁largest ▁invest ment ▁banks ▁in ▁the ▁world ) ▁and ▁the ▁hurried ▁sale ▁of ▁M err ill ▁Lyn ch ▁and ▁the ▁much ▁smaller ▁Bear ▁Ste ar ns ▁to ▁much ▁larger ▁banks , ▁which ▁effectively ▁res cu ed ▁them ▁from ▁bank rupt cy . ▁The ▁entire ▁financial ▁services ▁industry , ▁including ▁numerous ▁invest ment ▁banks , ▁was ▁res cu ed ▁by ▁government ▁lo ans ▁through ▁the ▁Tr ouble d ▁As set ▁Rel ief ▁Program ▁( T AR P ). ▁Sur v iving ▁U . S . ▁invest ment ▁banks ▁such ▁as ▁Gold man ▁Sach s ▁and ▁Morgan ▁Stanley ▁converted ▁to ▁traditional ▁bank ▁holding ▁companies ▁to ▁accept ▁T AR P ▁relief . ▁Similar ▁situations ▁occurred ▁across ▁the ▁glo be ▁with ▁countries ▁res cu ing ▁their ▁bank ing ▁industry . ▁Initial ly