What
do investment bank operations staff do?
Not exact matches
Goldman
did see a stellar quarter in its
investment banking operations, which saw $ 2.14 billion in net revenues for the quarter and $ 7.37 billion for a year, its second best ever.
What I
Do: I've set up multiple
investment accounts outside my main
operations bank that deals with working capital e.g checking, paying bills.
Because we
do not expect to earn revenue from our business
operations during the current taxable year, and because our sole source of income currently is interest on
bank accounts held by us, we believe we will likely be classified as a «passive foreign
investment company,» or PFIC, for the current taxable year.
Unlike similar vehicles managed by U.S. companies and Wall Street
banks to raise cash for
operations and
investments, SIVs rely on borrowed cash from other parties and
do not have a
bank behind them willing to fully repay investors in times of trouble.