Investment banking is a complicated and ever-changing industry. If you're considering a career in investment banking , it's important to really have a firm knowledge of how the works. In this article, we'll give you a crash course in internship , including an breakdown of the several types of investment banks and the services they provide.
You will find two forms of investment banks: commercial banks and Bulge Bracket banks. Commercial banks are traditional banks offering 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 instance mergers and acquisitions, initial public offerings (IPOs), and venture capital financing.
The services offered by Bulge Bracket banks are typically split into three main categories: capital markets, corporate finance, andAsset management. Capital markets includes activities such as for example 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 blog post has given you an improved comprehension of how it works. Investment banking is a complex industry with many several types of firms offering a variety of services. When it comes to a vocation in investment banking , it's important to do your research so you can find the right fit for your skillset and interests.