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Is sales and trading part of an investment bank?


Is sales and trading part of an investment bank?

yes.

Investment banks typically have a few divisions...

Corporate finance (M&A, Equity / Debt Capital Markets, advisory for corporate clients)
Sales and Trading (to support asset management)
Equity Research (covers corporate clients, offers recommendations to asset management cleints)
Asset Management (helps people with their $)

then you could throw in the proprietary trading groups - which don't really fall under sales & trading because it's the firm's own capital

Surely no...

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