What are the main businesses of investment banks?

The main businesses of investment banks include securities underwriting, securities brokerage, private placement of securities, enterprise merger and acquisition, enterprise wealth management, fund management, investment analysis, venture capital and project financing. Investment bank is a kind of financial institution corresponding to commercial bank. Investment banks are the names of the United States and continental Europe, Britain is called merchant banks, and China and Japan are called securities companies.

There are four main organizational forms of investment banks: first, independent professional investment banks. There are many such institutions all over the world, and they all have their own business directions, such as CITIC Securities and CICC in China, Goldman Sachs and Morgan Stanley in the United States.

Second, investment banks owned by commercial banks mainly engage in investment banking business through mergers and acquisitions of other investment banks, equity participation or establishment of subsidiaries, which is very typical in Britain and Germany, such as HSBC Group and UBS Group AG AG.

Third, universal banks directly operate investment banking business, mainly in Europe. Banks are engaged in commercial banking and investment banking. Investment banks mainly have investment business. Fourth, multinational financial companies.