what the fuck is a bank
What the fuck is investment banking? I go to wharton and have never heard of it before I got here, can someone pls explain?
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Since it wasn’t brains that got you here can I explain it as I may to a child or a golden retriever?
You're Right, my daddy donated a building and now I'm here. I have a 4.0 tho somehow. Explain like I'm 5 pls
Well as you probably know over the last 200+ years these financial institutions, known as banks, have lent money and served as advisors to firms, big or small, all across the country. This has been very profitable as I imagine you and many other students have noticed.
Well overtime these banks evolved and started to diversify and engineer new products that exist out of your wildest imaginations. Now, armed with years of experience, specialized products, and the power to lend, banks can continue to lend while also structuring virtually any corporate action to an absolute tee. This is what is known as investment banking.
But why is advice and money so important? Well, that's what fuels innovation and expansion across all goods and services - and which allows people to continue living as kings and queens of their own worlds.
I have no idea
How does one become a prospect in Physical Education?
I've just been shooting a lot of hoops recently tbh. Start with layups, move back to the top of the key, and then shots from between 1-3ft behind 3pt line at the 9,12, and 3 oclock spots. More volume = more gains.
its ok i didn't know well after 3 months i got my SA
WHAT THE FUCK IS AN SA?????????
Summer Analyst. Not the other acronym god have you been reading this thread thinking that we’ve all been assaulted as right of passage or some shit??
Come up with something funnier brah
it is funny
The replies are funny.
just watch Wolf of Wall Street bro
it's documentary about what investment banking do
Margot Robbie is hot
yes, all the girls in banking look like Margot Robbie
a place to store money
I personally use a piggy bank
I personally hide all of my money on the 1st floor pret of the main building of the wharton school. There are 2 prets in that building so I had to specify the first floor one.
2nd floor is more prestigious
It's a job where you're paid to move logos around in PowerPoint in-between periods of getting your nuts whipped with a car antenna
does it pay at least 12 dollars?
Company need money. Company sell equity or debt. sometime company buy company. sometime company bad and needs to duck creditors. sometime company just needs some financing advice.
investment bank go brrrrrt. happy monkey churn slide deck to explain what work. monkey paid money. EBITDA.
Theos'20 alum here, pledgito
I love THEOS!!!
A bank is a type of financial institution that provides a wide range of services related to money management, lending, borrowing, and investing. Banks are regulated by the government and operate under strict rules and regulations.
When you deposit your money in a bank, it becomes an asset of the bank, and the bank is obligated to keep your money safe and return it to you upon your request. In exchange for this service, the bank may pay you interest on your deposits, although the interest rate is usually quite low compared to other investment options.
Banks also offer loans to individuals and businesses, which can be used for various purposes such as buying a house, starting a business, or paying for education. Banks charge interest on these loans, which is how they earn their profits.
In addition to deposit accounts and loans, banks offer a range of other services, such as credit cards, insurance products, and investment services. They also provide payment and money transfer services, which allow you to send and receive money locally and internationally.
Banks play a critical role in the economy by providing financial services to individuals and businesses. They help to facilitate commerce by enabling the movement of money, which is essential for buying and selling goods and services. Additionally, banks are a major source of funding for businesses, which is crucial for economic growth and job creation.
ChatGPT?
quality shitpost
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