You need at least 拢1m pound to classify as a bank. Contact the FSA for full details as they are the regulators of the banking industry. Although if you have to ask on this website, then I suggest...

"Asset Manager" is basically a term for someone that manages portfolios for institutions or individuals. "Investment Banking" is basically the underwriting of securities. In...

I believe investment banks can remain competitive by leveraging on economies of scale. In short, they have to grow geographically while maintaining their overhead costs at a minimum. However, they ...

If you marry the boss's daughter?

Real estate - learn how to leverage your money. The key is buying right. Pick up and study the books listed below and you'll learn some great stuff. I wish I had started earlier. Congrats o...

People will tell you a bunch of crap like "doesnt matter which school, just work hard blah blah". But all of us people who have worked on and follow wall street know for a fact that the t...

1st year Analyst - $60,000 base + $40k to $80k bonus 1st Year Associate - about $85k base + $100k bonus VP's total comp = towards $500k Director = approx $1 mi MD - base of $500k, bonus c...

Yes and NO, if you come out of a Ivy League University or respected Business school, yes you will make a good amount coming out of school, particularly Princeton. The real money comes from funds m...

If you have 4k earned income, put it in a Roth IRA, invest it in a Total Market ETF and build around it. Leave it for 40-50 years and you'll be happy you did!

The company told you that? It is not true, it is only for some homeowers, no business at all.

100% Non-Owner-Occupied is possible but very ugly on the terms. If you can deal with 90%, you'll get far better rates, but as of May 2006 these were still available. I'd bet they've ...

Please note that I am in investment banking and so I will answer without any bs or sugarcoating. Addressing each point of yours below: 1) It is not impossible, but it will be extraordinarily di...

we dont only analyze the economy. we create the economy. we break the economy so everyone at home gets scared. we bank on the low-end. we build harder after a downturn. we profit on the upbeat. we ...

This is me! No CPA or CFA. I - banks want the best MBA's. It really is as hard as the editorials make it seem if not harder. It took years of internships, grunt analyst work and 70 hour weeks....

Skills? Anyone who has selling skills and basically analytical skills (more importantly are family connections) can get a job in the industry! Think of the job as an intermediary - you sell deal...