对外经济贸易大学：《投资银行学》课程教学资源（PPT课件讲稿）第二章 投资银行业务与机构性质

Services provided to clients by merrill lynch and other activities include2012年报 d Securities brokerage, trading and underwriting a Investment banking, advisory services(including mergers and acquisitions)and other corporate finance activities; a Wealth management products and services, including financial, retirement and generational planning; d Investment management and advisory and related record-keeping services a Origination, brokerage dealer, and related activities in swaps, options, forwards, exchange-traded futures, other deriv atives commodities and foreign exchange products; a Securities clearance, settlement financing services and prime brokerage; and a Research services on a global basis

Services provided to clients by Merrill Lynch and other activities include 2012年报  Securities brokerage, trading and underwriting;  Investment banking, advisory services (including mergers and acquisitions) and other corporate finance activities;  Wealth management products and services, including financial, retirement and generational planning;  Investment management and advisory and related record-keeping services;  Origination, brokerage, dealer, and related activities in swaps, options, forwards, exchange-traded futures, other derivatives, commodities and foreign exchange products;  Securities clearance, settlement financing services and prime brokerage; and  Research services on a global basis

The services provided by Goldman Sachs (2008) Advising Securities 口 Asset allocation 口 Clearing services a Mergers and Acquisitions Execution Services Financing 口 Fund Administration 日 Debt Financing a Pensions endowments 口 Equity Capital Markets口 Prime Brokerage and foundations 日 Lending Investing 口 Products 口 Asset Management 日 Securities Lending 口 Mutua| Funds Programs 日 Private Equity 口 Transition Services 口 Private wealth Research Management 日 Global Investment D Securitised Derivatives Research 2021/2/11

2021/2/11 27 The services provided by Goldman Sachs （2008） Advising  Asset Allocation  Mergers and Acquisitions Financing  Debt Financing  Equity Capital Markets  Lending Investing  Asset Management  Mutual Funds  Private Equity  Private Wealth Management  Securitised Derivatives Securities  Clearing Services  Execution Services  Fund Administration  Pensions, Endowments and Foundations  Prime Brokerage  Products  Securities Lending Programs  Transition Services Research  Global Investment Research

The services provided by Goldman Sachs (2009) 日 Advising Securities 口 Asset allocation D Clearing services d Environmental markets 口 Execution services D Mergers and Acquisitions Fund Administration a Financing Pensions. Endowments and 口 Bank loans Foundations D Debt Financing 日 Prime Brokerage a Equity Capital Markets 口 Products 日 Lending D Securities Lending programs 日 Investing 口 Transition services 口 Asset Management 口 Research 日 Bank Deposits a Global Investment research B Closed Ended investments 日 Mutual funds 口 Private equity D Private Wealth Management B Securitised Derivatives 2021/2/11

2021/2/11 28 The services provided by Goldman Sachs （2009）  Advising  Asset Allocation  Environmental Markets  Mergers and Acquisitions  Financing  Bank Loans  Debt Financing  Equity Capital Markets  Lending  Investing  Asset Management  Bank Deposits  Closed Ended Investments  Mutual Funds  Private Equity  Private Wealth Management  Securitised Derivatives  Securities  Clearing Services  Execution Services  Fund Administration  Pensions, Endowments and Foundations  Prime Brokerage  Products  Securities Lending Programs  Transition Services  Research  Global Investment Research

三、投资银行的主要业务 口经过最近一百年的发展,现代投资银行已经 突破了证券发行与承销、证券交易经纪、证 券私募发行等传统业务框架 口企业并购、项目融资、风险投资、公司理财、 投资咨询、资产及基金管理、资产证券化、 金融创新与金融工程等都已成为投资银行的 核心业务组成。 2021/2/11

2021/2/11 29 三、投资银行的主要业务  经过最近一百年的发展，现代投资银行已经 突破了证券发行与承销、证券交易经纪、证 券私募发行等传统业务框架  企业并购、项目融资、风险投资、公司理财、 投资咨询、资产及基金管理、资产证券化、 金融创新与金融工程等都已成为投资银行的 核心业务组成

投资银行的主要业务 1.证券发行与承销业务 2.证券经纪与交易业务 3.收购兼并业务 4.基金管理业务 5.风险与创业投资业务 6.财务顾问与咨询业务 7.项目融资业务 8.金融衍生产品与创新业务 9.研究开发与投资咨询业务 10.资产证券化业务 2021/2/11

2021/2/11 30 投资银行的主要业务 1. 证券发行与承销业务 2. 证券经纪与交易业务 3. 收购兼并业务 4. 基金管理业务 5. 风险与创业投资业务 6. 财务顾问与咨询业务 7. 项目融资业务 8. 金融衍生产品与创新业务 9. 研究开发与投资咨询业务 10. 资产证券化业务