Did you choose AM or PWM? And do you know why PWM isn't part of GSAM? And if there are other significant differences? (Sorry for the firing of questions)
Can anyone give a more in-depth explanation of Corporate Banking vs IBD in JPM? And what exactly does investor services do?
Corporate Banking is more about running the company - you run it by allocating and managing the finance of it. IB is less personal - you raise capital and help it in M&As They're very similar though
Can anyone give a more in-depth explanation of Corporate Banking vs IBD in JPM? And what exactly does investor services do?
Lending vs capital raising and m&a advisory, that's pretty much it. Corporate banking is business and commercial banking but to corporate clients, so product offerings are lines of credit, debt revolvers etc
Investor services is prime brokerage, back office services (trade clearance), financing for large trades, managing collateral, etc.. It's pretty much an outsourced operations and financing arm for institutional investors.
Lending vs capital raising and m&a advisory, that's pretty much it. Corporate banking is business and commercial banking but to corporate clients, so product offerings are lines of credit, debt revolvers etc
Investor services is prime brokerage, back office services (trade clearance), financing for large trades, managing collateral, etc.. It's pretty much an outsourced operations and financing arm for institutional investors.
Guys just practicing my competency questions and recording my responses they are about two and a half minutes long sticking to the STAR method. Is this ok or is it way too long?
Did you choose AM or PWM? And do you know why PWM isn't part of GSAM? And if there are other significant differences? (Sorry for the firing of questions)
Asset Management. Asset management and wealth management are two separate things. Asset management revolves more specifically around investment and portfolio management etc., whereas wealth management is specifically the management of, usually, an individuals money, providing investment advice, tax advice, pension advice, real estate advice, you name it.
Asset Management. Asset management and wealth management are two separate things. Asset management revolves more specifically around investment and portfolio management etc., whereas wealth management is specifically the management of, usually, an individuals money, providing investment advice, tax advice, pension advice, real estate advice, you name it.
Nah, the main difference is one is institutional and the other is individual/family. There are investment teams within WM (specifically within the high net worth and ultra high net worth sub sections).
Guys just practicing my competency questions and recording my responses they are about two and a half minutes long sticking to the STAR method. Is this ok or is it way too long?
I personally would have thought that's way too long. I would try to stick to a minute per competency question.
Think how bored an interviewer would get listening to two and half minutes of you talking about times you have worked in a team...