No offense of course, but seriously, WallStreetOasis.com is probably not the best place for that inquiry. It's all information readily available on Google, and being a member seems to imply an interest if not basic understanding of the structure of finance. Trying to save you getting brutally flamed in the future.

‎"Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to become the means by which men deal with one another, then men become the tools of other men. Blood, whips and guns or dollars."
 
  1. Retail and Commercial are the same thing
  2. Investment banking
  3. Private Banking = Private Wealth Management for high net worth individuals (10MM+)
  4. Merchant Banking=PE
"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 

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notes
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