Comments (3)

Jan 21, 2019

They still do fall under investment banking they just are related to capital markets from a trading perspective and outlook/performance forecast of capital instruments related to companies. The M&A, PE, LevFin, Restructuring deal mainly with financing the business and implementation of prudent business management and execution in order for capital providers to make a sensible investment decisions. Sales and trading, equity research, etc., is the performance side of companies.

Other verticals are in Debt Origination (DCM, Structured Lending) and IPOs - some say this is where the action is and is very nice. There also exists a different layer from the M&A, PE, LevFin, Restructuring - client relationship management. Its a dying specialisation in that one can no longer specifically be hired on doing only this role. More and more guys in the industry are multi-skilled and so this will fall away completely, eventually.

I hope my basic 2 cents helps you a bit.

Corp. Fin. Analyst currently working two finance jobs (and a teaching gig and trying to save my music production solo career). I love avocado's. And yes Cape Town is the most beautiful place in the world. Don't believe me, come thru and find out.

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Jan 21, 2019

GOOGLE. Investment banking product vs coverage.

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Jan 21, 2019
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