Investment Banking
Investment banks are financial institutions assisting corporations in raising funds. The investment banks also offer advice on commercial corporate transactions like mergers and acquisitions. The investment banks provide a wide range of other financial services to their clients as well.

In the past Canadian and US banks were not allowed to do both commercial and investment banking, however changes in legislations in the last decade have made this possible. In general commercial banks (deposit taking financial institutions) accept deposits from their customers and lend to their customers as well. Investment banking on the other hand helps companies raise money by selling stock of the company in the capital markets. If a corporation doesn't want to become publicly traded, then investment banks can arrange equity investments in the company (private equity) or find venture capital to fund the company's business. The investment banks also provide advice on mergers, acquisitions, and disposals of businesses.

The Investment Banking industry offers one of the best-paid job opportunities. The top salaries for investment banking have their price though – long working hours, work under a lot of pressure and stress, working on weekends when needed, traveling when needed, etc.

Each of the top 5 Canadian commercial banks has their own investment banking division. RBC Capital Markets is the investment-banking arm of Royal Bank of Canada, CIBC World Markets is CIBC's investment banking division, TD Securities is the investment-banking arm of TD Bank Financial Group, Scotia Capital is the investment banking division of Scotiabank, and BMO Capital Markets is the investment arm of BMO Financial Group.

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