Investment banking is a very interesting profession because it requires a lot of skill and experience. It is a highly competitive and highly demanding job. But the one thing that is common in every industry is that they all need capital. The capital is needed to start new business, to expand the business, and to keep the existing business running. There are many companies who want to enter into investment banking, but only a few will be able to get it done.
So, here is a list of top 5 investment banks that you should try to enter.
Goldman Sachs
This is the most popular investment bank which is based in New York. This bank has its own brand which is known as Goldman Sachs. It is a very well-known name and this is the reason that it has got many clients. This company has been around for more than 150 years and it is the oldest investment bank. This company has also been ranked in the top 10 largest financial institutions. It is the world’s biggest investment bank by market capitalization.
Morgan Stanley
Morgan Stanley is another famous investment bank which is based in New York. It has been around for more than 100 years. It is the second largest investment bank in the world. It is the most valuable investment bank because it has the most profitable deals.
JP Morgan
This is the third largest investment bank in the world. JP Morgan is a multinational investment bank that has branches in many countries. It has a huge client base. It is known as the “Wall Street bank”. It is one of the largest banks in the world.
Citigroup
This is the fourth largest investment bank in the world. Citigroup is a multinational investment bank that is headquartered in New York. This company is also known as the “global bank”. It has branches all over the world and it has a lot of clients.
UBS
UBS is the fifth largest investment bank in the world. UBS is a Swiss investment bank which is based in Zurich. It has been around for more than 100 years. It is the biggest investment bank in Switzerland.
Conclusion:
So, these are some of the best investment banks that you should try to enter. I hope that this post will help you to know more about investment banking and how they make money.