Service nature
According to the nature of the services provided by investment banks, it is not difficult to see that the main customers of investment banks are private and listed companies, as well as the government and large investment carriers (including private equity funds, pension funds, endowment funds, etc.). ), not individual investors. One is an investment bank, and the other is the Investment Banking Department (IBD) in an investment bank. Investment banking has many business departments, and the investment banking department is just one of them. Here we mainly want to introduce the Investment Banking Department (IBD) to you.
Which one is more developed?