Investment bank - Definition

Large, global investment banks typically have several business units, including Investment Banking, concerned with advising public and private corporations; Research, concerned with producing reports on valuations of financial products; and Sales and Trading, concerned with buying and selling products both on behalf of the bank's clients and also for the bank itself. Banks undertake risk through Proprietary Trading, done by a special set of traders who do not interface with clients and through Principal RiskSee also:

Investment bank, Investment bank - Definition, Investment bank - Role of modern investment banks, Investment bank - Raising capital in the capital markets, Investment bank - The main activities and units, Investment bank - Recent evolution of the business, Investment bank - Compensation - UK, Investment bank - Compensation - USA, Investment bank - Possible conflicts of interest, Investment bank - Investment banks

Read more here: » Investment bank: Encyclopedia II - Investment bank - The main activities and units

Some notable public and private investment banks include: ABN AMRO Adams Harkness Anderson & Strudwick Banc of America Securities Barclays Capital Bear Stearns BMO Nesbitt Burns BNP Paribas Banque Marocain Commerce Exterieur Bulltick Capital Markets Brown Brothers Harriman CIBC World Markets Commerce International Merchant Bankers Berhad (CIMB) Calyon Canaccord Adams CazenoveSee also:

Investment bank, Investment bank - Definition, Investment bank - Role of modern investment banks, Investment bank - Raising capital in the capital markets, Investment bank - The main activities and units, Investment bank - Recent evolution of the business, Investment bank - Compensation - UK, Investment bank - Compensation - USA, Investment bank - Possible conflicts of interest, Investment bank - Investment banks

Read more here: » Investment bank: Encyclopedia II - Investment bank - Investment banks

Potential conflicts of interest may arise between different parts of a bank, creating the potential for financial movements that could be deemed as market manipulation. Authorities that regulate investment banking (the FSA in the United Kingdom and the SEC in the United States) require that banks impose a Chinese wall which prohibits communication between Investment Banking on one side and Research and Equities on the other. Some of the conflicts of interest involved in investment banking are listed here: Historically, eq ...

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Investment bank, Investment bank - Definition, Investment bank - Role of modern investment banks, Investment bank - Raising capital in the capital markets, Investment bank - The main activities and units, Investment bank - Recent evolution of the business, Investment bank - Compensation - UK, Investment bank - Compensation - USA, Investment bank - Possible conflicts of interest, Investment bank - Investment banks

Read more here: » Investment bank: Encyclopedia II - Investment bank - Possible conflicts of interest

Investment Bankers receive the highest starting salary of any graduate-level job in the United Kingdom[2] - whilst the average starting salary for graduates in the top 100 AGR blue-chip firms is £23,000[3] (and closer to £15,500 for all graduates according to Prospects.co.uk), investment banking graduates can enjoy a starting salary of £35,000 - on top of this, a £5,000 "golden handshake" is typical, with an end-of-year bonus up to a further £30,000 for some 'front office' divisions. This puts a year-one salary for potentially a 21/22 y ...

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Investment bank, Investment bank - Definition, Investment bank - Role of modern investment banks, Investment bank - Raising capital in the capital markets, Investment bank - The main activities and units, Investment bank - Recent evolution of the business, Investment bank - Compensation - UK, Investment bank - Compensation - USA, Investment bank - Possible conflicts of interest, Investment bank - Investment banks

Read more here: » Investment bank: Encyclopedia II - Investment bank - Compensation - UK

The original purpose of an investment bank was to raise capital and advise on mergers and acquisitions and other corporate financial strategies. As banking firms have diversified, investment banks have come to fill a variety of roles (list taken from the Swiss Banking Institute): Underwriting and distributing new security issues Offering brokerage services to public & institutional investors Providing financial advice to corporate clients, especially on security issues, M&A deals Providing financial security research to investors and corporate ...

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Investment bank, Investment bank - Definition, Investment bank - Role of modern investment banks, Investment bank - Raising capital in the capital markets, Investment bank - The main activities and units, Investment bank - Recent evolution of the business, Investment bank - Compensation - UK, Investment bank - Compensation - USA, Investment bank - Possible conflicts of interest, Investment bank - Investment banks

Read more here: » Investment bank: Encyclopedia II - Investment bank - Role of modern investment banks

Unlike UK, corporate law competes with banking to be the highest-paying graduate job in USA, with potential six-figure starting salaries for both sectors on par with one another. Investment bankers are compensated through a base salary that is paid through the year and a large year-end bonus, in July for junior bankers and in November for senior bankers. In the United States recent graduates, typically of top universities, are hired to fill analyst positions and are commonly paid for their first year a $60,000 salary, a $10,000 sign-on bonus ...

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Investment bank, Investment bank - Definition, Investment bank - Role of modern investment banks, Investment bank - Raising capital in the capital markets, Investment bank - The main activities and units, Investment bank - Recent evolution of the business, Investment bank - Compensation - UK, Investment bank - Compensation - USA, Investment bank - Possible conflicts of interest, Investment bank - Investment banks

Read more here: » Investment bank: Encyclopedia II - Investment bank - Compensation - USA