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Based on the most helpful WSO content, Corporate Broking teams are generally involved in executing deals and playing an advisory role in the run-up to one. They often provide services as a 'freebie' to companies with the expectation of future M&A or capital markets fees. However, the specific classification of Corporate Broking teams within a bank's structure, such as being part of the Equity Capital Markets (ECM) subdivision, is not explicitly detailed in the provided knowledge base.

For more detailed insights, you might want to explore further discussions or resources on Wall Street Oasis.

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