In Liar's Poker, Michael Lewis calls himself an Investment Banker even though he works in S&T instead of IBD.
Are salespeople and traders also considered Investment Bankers? Thanks.
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To the MSM, yes. Why let facts get in the way of a good story, am I right?
Uh I recall him making fun of investment bankers and how out of place they were on the trading floor he worked on.
Yeah but he referred to them as "The corporate finance Guys".
High level - if you work in an investment bank, you're an investment banker Media - if you work in any bank, you're a banker Technicalities - if you work in sell-side corporate finance, you're an investment banker
What do you mean by "high level" and "technicalities"?
I guess the media would call anyone working in a bank a banker for the purpose of simplification. And because it sounds sexy enough to make a good story lol.
The essence of investment banking is underwriting securities, only later did m&a advice become a thing.
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