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Investment Banking 101: Understanding the Industry

Tom Spencer

Investment banking forms part of the financial services industry involved in the underwriting, distribution, and trading of securities. What Investment Bankers Do There are several key roles within investment banking, including corporate finance, sales and trading, and research.

Banking 88
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How “Payment Banks” Could Prevent the Next Bank Collapse

Harvard Business

Silicon Valley Bank illustrates why payroll shouldn’t be stored in an institution vulnerable to bank runs.

Banking 76
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What Silicon Valley Bank Did Right

Harvard Business

It became a fixture among startups because it understood their needs better than other banks.

Banking 86
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Business Banking for Solo Consultants (and freelancers)

Kai Davis

A friend asked me for a business banking recommendation (US based) for Solo Consultants/Solopreneurs/LLCs. My standard banking recommendation is ‘go with your local credit union.’ Big bank, but a decent option. Mercury ( [link] ) – Lots of solopreneur/LLC friends bank with them.

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First Woman CEO of an Investment Bank

CaseInterview.com

She will be the first woman CEO of a major Wall Street investment bank. Here’s more on her career path via the New York Times: Citigroup’s Fraser to Be First Woman to Lead a Big Wall Street Bank. Thursday, Citigroup announced that they are appointing Jane Fraser to be CEO. I am beyond thrilled for her.

Banking 78
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Management Consulting versus Investment Banking

Management Consulted

The cons of investment banking – the long hours, the repetitive and unengaging nature of the work, the lack of non-finance exit opportunities – mattered far more to me than a 6-figure salary. Banking salaries average 50-100% higher than consulting salaries , with the difference increasingly significant as your seniority increases.

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Is AI the Solution for the Banking Sector? (Part I: Problems)

Tom Spencer

The financial services industry has seen drastic technology-driven change over the past few years, and digital has fundamentally reshaped consumer behaviour in banking. According to Oliver Wyman, a global management consulting firm, 90% of Canadian banking customers use digital channels and more than 30% are now banking exclusively virtually.