Is Asset Finance "investment banking"?
Am considering an asset finance opportunity and was wondering whether asset finance is generally considered Investment Banking, Corporate banking, or commercial banking?
Also, what are the exit opps from a asset finance role from a MM bank?
Thanks!
Do you mean Asset based lending?
No, I don't think it is asset based lending. It's an asset finance role that involves 3 main products: securitization of receivables, supply chain finance, and receivable purchase programs. Is that considered IB, Corp Banking, or Commercial banking?
also, just out of curiosity, is asset based lending considered IB, Corp Banking, or commercial?
Thanks
The products you mentioned most likely fall under the scope of corporate banking, though it also depends on the size of the client you're dealing with. Some BB's have somewhat of an overlap in their corporate banking and commercial banking practices.
Securitization is an IB product because it's raising capital through debt Instruments (ABS/bonds), but I've seen structured trade finance fall under corporate banking (Citi)
Vitae ea officia autem ratione qui dolor. Omnis aperiam ea qui provident officia sed quasi.
Et ut aut dicta. Occaecati esse deleniti a veritatis vero. Temporibus non ipsa aperiam nihil in vitae aut assumenda. Quisquam soluta maxime eos et recusandae.
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...