Assume that you are the HR manager in an investment bank. You have an orientation session with interns. One of the interns ask you how the investment banking operations are organised. Please respond to this intern by explaining three organisational departments of an investment bank. Another intern asks, "I heard that the 'middle office' is a less glamorous of an investment bank but serves some of the most important functions." Discuss this statement. 

Discuss why Moody's Analytics Portfolio Manager model might be a good choice over using MPT based regular loan portfolio diversification model for ADIs and insurance companies.

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Organizational departments of an investment bank Investment banks are typically organized into three main departments Front office This is the department that interacts directly with clients It is res... View the full answer