What's the difference between commercial banking and investment banking?
When you hear commercial banking, think about your bank.
But here's the main difference: Commercial banks lend to people, business and corporations.They're what you think of when you think of a normal bank.
An investment bank is one that advises on investment transactions, like mergers and acquisitions, corporate financings like IPO's, normal equity raises, debt raises, or private equity buyouts of publicly traded or private companies.
To see the rest of the various differences between these two types of financial institutions, watch the video above.
Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM
Catch Up: Today's Top News Videos Below