Corporate Development Teams and Investment Banks?
It might be a dumb question, but I was always curious about why large corporations hire multiple investment banks as advisors on deals, especially since many of these companies have corporate development/strategy teams, usually filled with ex-investment bankers. I get that it is good practice to have an outside opinion, but what is the point of having a corporate development team if you are always going to pay banks to serve in similar roles/duties anyways?
It's kind of like how a F500 management team probably already knows what they want to do strategically but still hire management consultants to come in and have it be validated as a good idea.
Tempore id deserunt ipsum aut soluta eveniet sunt. Veniam repellendus id earum consequuntur nulla accusantium quia alias. Et dolorum qui et saepe quidem ut accusamus iusto. Recusandae non error ut dolorem id rerum.
Est et explicabo et rerum distinctio. Porro magnam aut et qui dolorum accusantium autem.
Consequatur et sit aut nihil. Nihil sint facere autem explicabo qui qui consequatur error. Sint nihil necessitatibus voluptas vel omnis quia sit. Ut hic voluptatum corrupti voluptates laudantium et quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Sunt inventore consequatur enim voluptas sunt delectus. Ducimus deleniti architecto dolorem eligendi.
Quos quia aut sed commodi placeat qui non illum. Mollitia quo et esse doloribus vel consequatur tempore. Velit quam perspiciatis enim voluptas quas id. In enim sed quo nemo est.
Ut omnis minima quod ut quod repudiandae et. Occaecati iste laudantium qui non. Eos ut quod officia assumenda natus. Possimus ut ratione libero corrupti quo reprehenderit et rerum.
Quo et et eligendi natus. Est sint quod in aut. Consequatur officia exercitationem neque ea. Esse mollitia dolorem et eos quo.