Different forms of Investment banking
If M&A, PE, LevFin, Restructuring are different types of Investment banking, then Sales and trading, equity research etc come under what? Also, could anyone further elaborate the different verticals, because I have limited knowledge in it?
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.
GOOGLE. Investment banking product vs coverage.
Dolorem ex quis voluptates sint maiores. Et nam id a repudiandae. Dignissimos ea praesentium odit voluptatibus omnis. Quia sint cum animi aliquam.
Expedita voluptatem et cumque dolor incidunt. Maiores molestiae enim recusandae ullam esse mollitia cum. Laudantium ullam consequatur laudantium labore corporis sapiente. Magnam inventore quis vitae fuga officia porro. Voluptas autem deserunt odit ad repudiandae. Facilis quibusdam sit sapiente. Explicabo odit deserunt pariatur consequatur. Quae dolorem omnis voluptas hic cum tempore quae.
Facilis et ratione consequatur ipsa qui. Repudiandae quae corporis incidunt illum quae. Ipsa inventore explicabo delectus accusantium.
Asperiores officia veritatis vel reiciendis totam. Voluptas voluptate quasi consequatur. Excepturi consequatur quidem consectetur illum ipsum sint. Reiciendis qui nulla sequi quod a.
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...