Conclusion
From the perspective of the global financial markets business, which is where the trading floors sit, all of the other business units within a bank are designed to channel business to the trading floor. If a bank roughly breaks down into retail banking, private banking, investment banking and asset management, the trading floor sees all of these businesses as sources of potential clients and trades.
Within the investment bank, there are generally two separate businesses: the corporate finance business and the global financial markets business. The corporate finance business is about advising the bank’s clients with respect to mergers, acquisitions and capital raising. The people who work in corporate finance see the financial markets ...
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