What are the Industry Groups in Investment Banking?

Investment banks are typically organized into industry groups that focus on specific sectors or industries. These industry groups help investment bankers build expertise in a particular area and better serve the needs of their clients. Some common industry groups in investment banking include:

Healthcare: This industry group focuses on providing financial advice and services to companies in the healthcare industry, including hospitals, biotech firms, and medical device manufacturers.

Technology, media, and telecommunications (TMT): This industry group focuses on companies in the tech, media, and telecom sectors.

Energy and power: This industry group focuses on companies in the energy and power sectors, including oil and gas producers, utilities, and renewable energy firms.

Industrial and materials: This industry group focuses on companies in the industrial and materials sectors, including manufacturers, construction firms, and engineering companies.

Consumer and retail: This industry group focuses on companies in the consumer and retail sectors, including consumer goods manufacturers, retailers, and restaurants.

Financial institutions: This industry group focuses on providing financial advice and services to banks, insurance companies, and other financial institutions.

Real estate: This industry group focuses on companies in the real estate sector, including real estate developers, REITs, and property management firms.

By organizing themselves into industry groups, investment banks are better able to serve the specific needs of clients in different sectors.