COO of a group in an investment bank
What is a COO of a group in an investment bank? How is that different from MD?
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MD's work on transactions and the COO is part of corporate management like the ceo whose job depends on maintaining equity value and sending dividends to stock holders. One is a revenue generator for the company while the other is a corporate executive and the COO is focused on the day to day operations of the company vs. an MD of a division who focuses strictly on his team's line of work - whether it be M&A, Capital Markets or whatever else
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