Retail Financial Services
Commercial Banking
Treasury and Securities Services
Asset Management
Corporate/Private Equity
Some of these categories look very similar to me. Thanks very much for any help.
http://www.fool.com/investing/general/20…
retail financial services - when an investment advisor deals with an individual investor one to one and takes orders from the client. Revenue comes from the commissions.
commercial banking - when the bank gives loans to a company and revenue comes from the interest spread.
treasury and securities - this sounds like bond deals, I am not too sure. It could be the prop trading of the bank itself.
Asset Management - when portfolio managers manage funds either in a pool (mutual funds) or for individual or institutional investors. This is discretionary, meaning manager decides on what he/she buys. They charge a certain management fee.
Corporate/Private Equity - Helping companies issuing debt or equity and selling them to individual and/or institutional investors. Percentage commission.
Hope it helps :)