Can anyone give me details on the difference between day-to-day responsibilities inInvestment Banking vs FIG Corporate Banking?
I've been toldand corporate banking are unique from both other banks as well as other groups within Citi. I was told Citi integrates the two, with Corporate Banking acting as the relationship manager and managing simple credit facilities while Investment Banking models IPOs and M&A transactions.
Is this accurate? I always thought the discrepancy was the size of the companies they advise, not the actual content of their work. I apologize; this is rather confusing for me.