Industry Questions Flashcards
What do Investment bankers do?
Investment bankers advise their clients on the sale or purchase of a business. They also help companies raise money by issuing stock, bonds, and other related securities.
How does Investment Bankers compare to Sales and Trading?
Sales and trading buy and sell securities on behalf of their clients or bank
What about Private Equity?
Private equity buys companies in LBO transactions with the aim of increasing the value and selling the companies in a few years for a profit or take the company public
What is Bulge Bracket vs. Boutique Bank? What is the difference?
Bulge Bracket are typically larger, offer more products, and perform more deals throughout the year. Boutique banks are typically smaller, with more specific areas of expertise