Could someone tell me the difference between Corporate and IB coverage? For example, I received an offer for FIG coverage at Wells Fargo, is that IB or Corporate? It's under the CIB umbrella so am unsure what the difference between the two is.
Trending Content - Investment Banking Forum
| +519 | Change My Mind: Banks Shouldn’t Hire Foreigners at All | 122 | 6s |
| +317 | Article - UBS’ Investment Bank Keeps Losing Ground | 40 | 5h |
| +301 | Don’t work at UBS - UBS Sucks | 30 | 3h |
| +79 | Should My Intern Get a Return Offer? | 31 | 1h |
| +60 | When to Leave Office as Intern | 8 | 3d |
| +49 | Best IB Group Overall? | 28 | 4h |
| +39 | Would you rather be a Touse Squid or a Bouse Mogger in IB | 2 | 3d |
| +33 | What do you say to ppl who don’t know EVR/LAZ/CVP/PJT | 28 | 8h |
| +31 | STEM student lost in London IB recruiting | 17 | 1d |
| +29 | F*ck it I'm Going to Med School | 12 | 30m |
Career Resources
Corporate = Only covering the credit needs of your client. In most cases, this is just term loans & revolvers. Corporate banking (or DCM, LevFin) often goes hand in hand with M&A as some kind of debt is usually used.
IB = Providing strategic advice to clients, pitching them ideas on M&A. You are also the liaison between the client and all other product groups (CB, ECM, DCM, etc.) so essentially oversee all dialogue that C-Suite executives would be having with the bank.
You can easily find more answers like this by googling.
citi bank does the whole "corporate banking" and people list it as IB but they're the only ones who do this weird ass shit lmao, friend described the job and it's essentially the same thing (kinda)
Accusantium ea et architecto. Sequi sed sed voluptatem. Harum hic provident quis et animi quidem cumque. Vel aut voluptas dignissimos et. Velit omnis consequatur eligendi laudantium consectetur. Aut dolore incidunt explicabo omnis ut et earum. Sit velit asperiores in error.
Sunt quo perspiciatis omnis vel omnis. Perspiciatis alias quis aut.
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...