Liubomyr Vorona / Getty Images An investment bank, which includes the likes of Bank of America, JPMorgan Chase, and Goldman Sachs, finances or facilitates trades and investment on a large scale ...

It involves buying and selling assets, developing investment strategies, creating a tax strategy, and managing asset allocation. It can also include banking, budgeting, and other financial duties.

Investable assets are those that can be easily liquidated, such as checking and savings accounts and investment portfolios. Benefits of private banking When you sign up for private banking ...