OPPOSITES no longer seem as attractive

[Eartha]

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.

 

[SoothingDave]

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

 

[Eartha]

Hi SoothingDave,

:rolloes opposites refer to commercial and investment banking in this context?

Thank you.:-D

 

[SoothingDave]

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