Investment banking can be defined by understanding what an investment bank does. Some of the roles of an investment bank include raising capital and securities as well as underwriting by playing the agent’s role in a company issuing securities and the public that is interested in buying the securities. The banks are also involved in assisting companies involved in mergers and acquisitions by advising buyers and sellers on matters valuation, pricing, negotiation, and transaction structuring
Investment banks, unlike commercial and retail banks, do not take deposits. There has always been a separation between investment and commercial banking in the United States until the repeal of the Glass-Steagall Act in 1999. However, other industrialized countries like the G7 countries have not been maintaining such a separation.
The business of an investment bank is divided along two main lines namely the sell side, where trading of securities for cash or even for other securities or promotion of the securities is done, and the buy side, where activities include giving advice to the institutions that buy the investment services.
Building a career in investment banking is one of the prestigious things do in life though it is not easy. Beyond the knowledge acquired in class, one has to be patient and have observation and research skills. One of the most known investment bankers is Martin Lustgarten. The resident of Miami, Florida is also the founder and also the CEO of Lustgarten Martin an investment banking firm in Florida. The firm is one of the best Investment banks in the history of American banking.
Martin has been in the industry of investment banking for long, and is said to be one of the most experienced and knowledgeable investment bankers in America. This has made his investment firm famous and the most sought after. With a success and good record with its already existing clients, the firm has been able to continue attracting new clients every day.
The traits that have contributed to Martin’s success in the industry is effective communication skills. He can inform his customers in an easy and understandable way hence the best possible customer service. His employees also say that he handles them in a personal way and guides them hence improving their productivity. Martin has indeed made great contributions in this sector of investment banking.
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