Investment bank divisions
An investment bank is a financial institution that provides services to governments and corporations. Unlike commercial and retail banks, it does not transact with individuals or take deposits. It assists its clients in raising funds through underwriting or issuance of securities (debt obligations, equities, stocks or derivative instruments). It can offer assistance to companies in the process of mergers and acquisitions and further services in trading fixed income instruments, equity securities, foreign exchange, commodity and derivatives. Most investment banks are comprised of multiple divisions, including:
- Mergers ...