Traditional Culture Encyclopedia - Traditional stories - Is the investment banking department the former credit department?
Is the investment banking department the former credit department?
No. The investment banking department is not the former credit department. In fact, investment banks are not banks in the traditional sense of our country, but very important financial intermediaries in our country. Some commercial banks have also set up their own investment banking departments, which specialize in investment banking business and have nothing to do with the credit department.
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