What does Financial Institution Sales do?
Anyone has an idea of what the FI sales department does? Does it sell products/risk management arrangements exclusively for F.I.s? If yes, why is it necessary to separate FI sales from general sales and trading busineses for products including equities and FI etc.?
hi, the distinction is necessary since there's also "corporate sales" ie sales and trading businesses for corporate clients.
as a hypothetical example the "treasury" department at Apple might want to enter a 200m swap deal , or something.
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