Vault Career Guide to Investment Banking is made possible through the generous support with well explained concepts provided in this book.What is investment banking? Is it investing? Is it banking? Really, it is neither. Investment banking, or I- banking, as it is often called, is the term used to describe the business of raising capital for companies and advising them on financing and merger alternatives. Capital essentially means money. Companies need cash in order to grow and expand their businesses; investment banks sell securities to public investors in order to raise this cash.
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