What are some benefits to being an investment banker?
Besides the good $ $ money, what are some benefits to being an investment banker? Do they get free stock trading, free insider knowledge, a lot of vacation? Anything? Other than the money it seems like it's very high stress.
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Answer by Ted
Free stock trading? Are you kidding? Do you really think that with the money these guys make, they worry about a $ 10 commission?
Of course they get insider knowledge. They make the insider information, Investment bankers ARE the insiders.
A lot of vacation? Sure. It's called a permanent vacation. If they go on vacation and don't do the email, phone calls, cell calls, faxes and conference calls that they would if they were at work, they will come back and not have a job. With what the customers are paying, if a corporate treasurer calls and is told, "your investment banker is on vacation", he's going to take his multi-million dollar fee and be on the phone with his NEW investment banker in ten minutes.
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2013-05-16 Russell Investments Center
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2013-05-16 Russell Investments Center
Orignal From: What are some benefits to being an investment banker? and 2013-05-16 Russell Investments Center
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