Global investing is a part of the function of investment banks, which helps customers acquire funds through the capital markets. Investment banks also give out advice for high pressure mergers and acquisitions. These are but a few of the functions that address the question,"What is global investment banking?"
One of the duties that defines investment banking on a global scale is the art of negotiation. Negotiations, especially in giant mergers, require extensive reporting, background checking, and financial savvy. That is why the investment banking division is often referred to as mergers and acquisitions (M&A) or corporate finance.
The industry coverage group is one of the two aspects of global investment banking with the other aspect being product coverage groups. The major difference between the two is their focus. Industry coverage groups handle particular industries such as manufacturing, government or healthcare worldwide. These groups of global investment bankers are in charge of relationship management in that particular industry to be able to generate more businesses for the bank.
The other aspect that comprises global investment banking is referred to as product coverage groups. These groups handle financial products such as equity or security issuance as well as mergers and acquisitions. They, in effect, cater to the specific needs of the customer. Clients all over the world are given tailored financial solutions and strategic advisory services on a