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Describe a recent development in the banking industry. What implications might this development have for the division to which you have applied?
The function of universal banking include provision of a wide variety of financial services. It also includes both commercial and investment services.
In the US, Baclays Capital is the investment banking division of Barclays Bank, which is headquartered in London.
Investment banking is a form of capitalism yes. They ability to be involved in investment banking is a right dictated by are free market.
No. Investment banking doesn't have to be part of core banking and/or minimal banking services. Investment banking is essentially a very different type of banking, it is not the same as retail, commercial or trade banking (which would constitute as core banking).
Investment Banking Center was created in 2003.
The Merrill Lynch company is the investment banking division of Bank of America. It offers wealth management services, and investment opportunities for customers.
Investment banking is the division that encompasses business entities that deal with the creation of capital for other companies. In addition to acting as agents or underwriters for companies in the process of issuing securities, investment banks also advise companies on matters related to the placement of stock.
The actual 'Investment Banking Division', also called Corporate Finance, advises companies on mergers & acquisitions, IPOs, debt issuances, leveraged buyouts, etc.
In investment banking, TMT generally stands for the Technology, Media and Telecommunications sector.
There are lots of things to consider in investment banking and it can be found out in detail from the link given below.
what are the function of chain banking