What is an investment bank DCM?

Investment bank DCM is the "bond capital market" department of investment bank. DCM is the abbreviation of debt capital market, which means bond capital market. The general investment banking structure abroad is: corporate finance, capital market and asset management/wealth management/private banking department (AM, WM, PB). Among them, corporate finance, that is, the investment banking department in the most traditional sense, includes public offering, merger and reorganization, stock capital market (ECM), bond capital market (DCM) and other departments, but the two "capital markets" mentioned here are mainly investors who are in contact with the primary market, so we should pay attention to the difference between them.

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1, investment bank

Investment bank is a kind of financial institution corresponding to commercial bank. Is a non-bank financial institution mainly engaged in securities issuance, underwriting, trading, enterprise restructuring, mergers and acquisitions, investment analysis, venture capital, project financing and other businesses. It is the main financial intermediary in the capital market. Investment bank is the name of the United States and continental Europe, Britain is called merchant bank, and Japan is called securities company.

2. What is the investment bank?

3. What is the major of investment banking?

Investment banking is generally the learning content of financial management, accounting, law and finance. Financial management majors train senior business management professionals with knowledge and ability in management, economy, law, financial management and finance, who can engage in finance, financial management, teaching and scientific research in industrial and commercial enterprises, financial institutions and government departments.

4. What are the main functions of investment banks?

1 Consultant: Investment banks should act as consultants. When the company needs to raise funds, the investment bank provides suggestions on the amount and method of raising funds. Accurately speaking, investment banks should help issuers determine the basic characteristics, prices and issuance time of securities to be issued. In addition, investment banks also help customers analyze matters related to mergers, acquisitions and corporate restructuring;

② Management: Once a decision is made to issue securities, the investment bank will help customers complete the written materials required by the CSRC to meet the legal requirements. Most of the application materials can be found in the prospectus (also known as the plan manual). The prospectus must be sent to everyone who wants to buy new securities.