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Job Title Confusion...

What the hec is an investment banker and why are they SO wealthy? CEO, Vice chairman of this bank and so on,hosting $20,000 and more dinners? Just don't get it. Good for them but just wondering.


Answer Question
 
Anonymous

Asked by Anonymous at 7:05 PM on Dec. 23, 2012 in Money & Work

Answers (3)
  • An Investment Banker is kind of like a Stock Broker.
    3libras

    Answer by 3libras at 7:09 PM on Dec. 23, 2012

  • I Googled it. They do a lot of stuff with the stock market.
    louise2

    Answer by louise2 at 7:12 PM on Dec. 23, 2012

  • Investment bankers generate funds for banks by either stock investment or venture capital.

    Venture capital means they give money to a starting or growing company in exchange for partial ownership. The company will then send payments to the bank and the bank will decide when to sell their stake in the company.

    It takes about 5 years as an investment banker to make 500,00 a year plus bonuses.
    A new investor typically starts off at 62,00 a year plus bonuses.

    PMSMom10

    Answer by PMSMom10 at 7:14 PM on Dec. 23, 2012

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