Investment banking is a complex and ever-changing industry. If you're considering a vocation in investment banking , it's important to truly have a firm understanding of how a works. In this article, we'll give you a crash course in goldman sachs , including an breakdown of the various kinds of investment banks and the services they provide.
There are two kinds of investment banks: commercial banks and Bulge Bracket banks. Commercial banks are traditional banks that offer loans, savings accounts, checking accounts, and other financial products and services to individuals and businesses. Bulge Bracket banks are large, global banks that offer more sophisticated financial products and services, such as for example mergers and acquisitions, initial public offerings (IPOs), and venture capital financing.
The services provided by Bulge Bracket banks are normally split into three main categories: capital markets, corporate finance, andAsset management. Capital markets includes activities such as for instance underwriting debt and equity securities, providing research on companies and industries, advising on mergers and acquisitions, and acting as a market maker for securities. Corporate finance includes activities such as providing lending products and advising on initial public offerings (IPOs).Asset management includes activities such managing money for individuals , pension funds , endowments , foundations , and other institutional investors.
Conclusion:
The planet of investment banking could be complicated, but hopefully this article has given you a much better knowledge of how it works. Investment banking is a sophisticated industry with many different types of firms offering a variety of services. When considering a career in investment banking , it's important to complete your research so you can find the right fit for the skillset and interests.