2 Comments
 

Based on the most helpful WSO content, HSBC's US Corporate Finance Coverage is not strictly Investment Banking (IB) in the traditional sense. While HSBC has scaled back its IB operations in certain regions, their Corporate Finance Coverage typically focuses on relationship management and providing financing solutions, which can include debt and equity capital markets, but it is not the same as a full-fledged IB division.

If you're looking for insights into whether this role aligns with traditional IB, it would depend on the specific responsibilities listed. Corporate Finance Coverage roles often involve working closely with clients on financing needs rather than executing M&A deals or other IB-specific transactions.

Sources: What is corporate banking?, Corporate Banking?, Q&A - VP in healthcare corporate banking, Why corporate banking instead of investment banking?, SA - HSBC Coverage Relationship Management

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