The name of CITIC Jiantou is one of the best in the same industry, and the investment banking department has always been the core department of securities companies. Our common: IPO, additional issuance, bond issuance, merger and acquisition, etc. All belong to the scope of work of this department. The research and development department of CITIC Securities takes the service concept of "leading professional investment and creating value through research" to provide research support for customers and various businesses of the company.

Investment bank vs brokerage investment bank department vs commercial bank investment bank department

1, top player-foreign investment bank

Mergers and acquisitions people mistakenly think that investment banks are banks that only invest, but as financial intermediaries, investment banks should also be mergers and acquisitions; A was born, and now its business includes securities issuance, underwriting, trading, enterprise restructuring, mergers and acquisitions, investment analysis, venture capital and project financing. Including Goldman Sachs, JPMorgan Chase, Morgan Stanley, Bank of America, Barclays, UBS, Credit Suisse, Citigroup and Deutsche Bank, as well as boutique investment banks such as Evervore and Green Hill &; In China, we are familiar with investment banks including CICC.

2. Novice-Investment Banking Department of Securities Company

Can only investment banks engage in these businesses? Not exactly. In China, domestic brokers also have their own investment banking departments. According to the business system of large investment banks, the investment banking department of securities firms includes securities issuance and underwriting, that is, IPO, mergers and acquisitions, and fixed income related businesses; Many domestic securities companies have set up investment banking departments as well as fixed income departments. Domestic A-level and above brokers include Ping An Securities, CITIC Securities, Guangfa Securities, China Merchants Securities and Huatai Securities.

3. Krypton Players-Investment Banking Department of Commercial Bank

Since 2005, commercial banks in China have liberalized their control and started to set foot in investment banking. Some commercial banks have also set up their own investment banking departments, specializing in investment banking business, mainly including securities issuance and underwriting, mergers and acquisitions; A, credit alternative financial products, financial consultants, etc. With the status and influence of banks in China, it's basically no fun to develop investment banking. For example, the investment departments of the four major state-owned banks. (Use different names, such as Financial Market Department, Asset Management Department, Investment Banking Department and Inter-bank Department .....)