30 years: Credit & banking
In the second part of Bill's video on investment banks, he explains some of the functions the bank performs, including capital raising, sales and trading, and financial advisory.
In the second part of Bill's video on investment banks, he explains some of the functions the bank performs, including capital raising, sales and trading, and financial advisory.
12 mins
Investment banks generally cover several distinct areas: capital raising, through debt and equity instruments; financial advisory services, including M&A advice; and sales and trading services, through trading desks. However, this leaves them liable to legal, credit, market and other forms of risk.
Key learning objectives:
Define capital raising
Outline the benefits of trading for investment banks
Identify the financial advisory services offered by investment banks.
Identify the risks that investment banks are exposed to