Joseph Didgeon of Chattanooga, Tennessee, is a freight broker and logistics coordinator at Lipsey Logistics. A bachelor of science degree holder from the University of Tennessee at Chattanooga, Joseph Didgeon is interested in investment banking.
Investment banking refers to how financial institutions raise capital to fund other companies, governments, and agencies. Investment banks also advise companies when they make certain business decisions. For instance, they advise companies if two or more of these decide to do a merger. They also assist in determining the value of a company during sales and acquisitions. JPMorgan Chase and Goldman Sachs are notable examples in the United States.
Besides raising capital and merger and acquisition advisory services, investment banks manage assets for individuals and businesses. They also help connect buyers and sellers in secondary markets. An investment bank can trade securities for a company using its capital. Moreover, they work with companies when they intend to go public through an initial public offering (IPO) by preparing necessary documentation such as those required by the Securities and Exchange Commission.