| Published | 2022-03-13 |
| Platform | Udemy |
| Number of Students | 2 |
| Price | $84.99 |
| Instructors |
HICM Institute
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| Subjects |
Industry Integrated program
An investment bank is a financial services company or corporate division that engages in advisory-based financial transactions on behalf of individuals, corporations, and governments. As an industry, it is broken up into three office i.e Front office, middle office and back office. Many Investment Banking companies have ventured into different business like mergers and acquisitions, advisory services, and securities underwriting, fund accounting, capital market, Bonds, asset management (sponsored investment funds). large banks with significant investment banks include JPMorgan Chase, Bank of America, Citigroup, Credit Suisse, Deutsche Bank, UBS, and Barclays.
Front office
Front office is generally described as a revenue-generating role. There are two main areas within front office: investment banking and markets. Investment banking involves advising organizations on mergers and acquisitions, as well as a wide array of capital raising strategies. Markets is divided into "sales and trading" (including "structuring"), and "research".
Middle office
This area of the bank includes treasury management, internal controls (such as Risk), and internal corporate strategy. Corporate treasury is responsible for an investment bank's funding, capital structure management, and liquidity risk monitoring; it is (co)responsible for the bank's funds transfer pricing (FTP) framework.
Back office
The back office data-checks trades that have been conducted, ensuring that they are not wrong, and transacts the required transfers. Many banks have outsourced operations. It is, however, a critical part of the bank.