A corporate banker handles corporate customers, such as local businesses, large conglomerates and national offices. He provides them with loans, equipment leasing and commercial real estate. In most cases, corporate banking represents a bank's main way to make money as well as the main source of write-downs for sourced loans.Know More
Corporate bankers specialize in offering credit products, such as loans, which are sources of simultaneous profit and risk for the bank. A corporate customer who needs to control his currency conversion requirements and working capital consults a corporate banker for cash-management and treasury services.
Equipment lending is another area in which corporate bankers specialize. This type of lending deals with the leasing and loaning of equipment that a business needs to operate at peak efficiency. Business owners in the manufacturing, information technology and transportation sectors frequently use this banking service.
A business owner in need of real estate for his business works with a corporate banker for portfolio evaluation, debt and equity structuring, and real asset analysis. Additional services that corporate bankers provide include securities underwriting, bill collection, factoring and employer services such as payroll and group retirement plans.
Corporate bankers help to ensure a thriving economy where businesses can grow and offer jobs.Learn more about Career Aspirations
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Some of the major disadvantages of multinational companies include the use of slave labor, may push local businesses out of the market, encourage too much expenditure on consumers, may pose a threat to the environment and may become a monopoly. These companies have the financial and resource power to achieve certain things within a short time which is why they also have these disadvantages.Full Answer >
Online business directories are very effective at driving traffic to local businesses. Many experts believe such directories are as essential in 2015 as an ad in a phone book was in past decades.Full Answer >
Merchant bankers work for banks that deal with international finance, commercial lending and underwriting. These professionals provide specialized banking services, and they typically do not work with the general public.Full Answer >