An investment bank is a financial mediator that executes a variety of services. Investment banks specialize in handling large and complex deals. Many investment banks are associated with or are subordinate companies of larger banking establishments. For example, Goldman Sachs, Morgan Stanley, JPMorgan Chase, Bank of America, Merrill Lynch and Deutsche Bank are some of the largest banking institutions.
Investment bankers are the ones who help governments, corporations, and other groups strategize and control their projects. Investment bankers save their client’s time and money by foreseeing any risks involved with a project before moving forward. Investment bankers are the experts in their field who understand the present situations of investing.
Like Uncle Ben said to his nephew, Peter Parker (Spider-Man), “with great power comes great responsibility.” This applies to investment banking; handling company’s funds and having the power to do things with those funds is tempting to some. But it can also land them in a lot of trouble, like many before them.