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Investment bank |
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Investment bank Financial intermediaries who perform a variety of services, including aiding in the sale of securities, facilitating mergers and other corporate reorganizations, acting as brokers to both individual and institutional clients, and trading for their own accounts. See: Underwriters. |
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He joined Wachovia Corporation, formerly First Union, in 2000, following eight years building the real estate investment banking business at Prudential Securities. Salter previously served as managing director of investment banking and head of technology investment banking at Wedbush. A management shake-up at Credit Suisse First Boston, one of the nation's biggest investment banking firms, resulted in the shifting of a top executive to a newly created position away from money management. |
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Investment banking