Investment banking is a banking type that has become very popular. People see movies about Wall Street and hear about the excitement that is involved with investment banking, which increases the popularity of investment banking even more. While movies and word of mouth information is great for building popularity, the actual role that investment banking serves in the banking community is real and important.
One of the reasons why investment banking is important in the banking industry is because investment banking provides various banking services that cannot be found in most banks. The typical local bank cannot provide the services that are offered by an investment bank. In structure and organization, investment banks are specialized banks that provide many specialized banking services.
Investment banks can be as specialized as a banking type because of the structure of investment banks. Investment banks are designed with three areas of banking concentration. Each area serves an important role in the overall operations of an investment bank. However, all areas are not needed in an investment bank for an investment bank to operate properly.
The areas are structured to provide the banking services that will be provided by investment banks. Therefore, each investment bank can determine what area or areas will be utilized at an investment bank. For investment banks in specific areas, certain investment banking services maybe more popular than other banking services. With this as an indicator, investment banks in different areas may select the areas of investment banking that will be utilized in the banks based on banking service popularity.
Additionally, the area or areas chosen could be based on profit potential, in house expertise, requested services, or a variety of other reasons. In the investment bank, there must be a position that can be held responsible for the activities in an investment bank regarding banking services and other banking operations. The investment banker is a position that holds a prominent role in the investment banking structure.
Martin Lustgarten is an investment banker who has proven himself to be an excellent investment banker. Mr. Lustgarten has helped many clients achieve great success, and he is well known in the investment banking field.
Also, Martin Lustgarten has ambitions beyond being an investment banker working for investment banking firms. Martin Lustgarten went out on his own to start his own investment banking firm, which is Lustgarten Martin.