Concept explainers
Whether investment banking a good career for someone who is afraid of taking risks? Why or why not?
Context Introduction:
Investment banking is a type of private company which is involved in various types of finance related and many other types of services to the individuals, corporations and to the government. This involves raising financial capital by underwriting, issuing securities etc. The primary role of an investment banker is to serve as an intermediary between the organizations and investors through initial public offerings. Investment bankers help their clients to raise money capital markets by issuing debt or selling equity in the companies.
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Pearson eText Economics of Money, Banking and Financial Markets, The, Business School Edition -- Instant Access (Pearson+)
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