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Re: Brexit
Quote:
Originally Posted by Carth
Investment banks . . . are they the ones who employ people to throw other peoples money into grand schemes hoping for a nice little earner?
Serious question because I'm not the gambling type, so have no idea about how investing in Carilion, HSL, the 'peoples pension' or a 6 trillion sq ft office block in Southwall benefits me.
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No...
Investment bankers help their clients (businesses, not individuals) raise money in the capital markets, provide various financial advisory services, and assist with mergers and acquisition activity (and they have a nice little earner from these activities).
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