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Investment banking
ex. 3
| Question | Answer |
|---|---|
| financial restructuring | making changes to how a company is financed |
| strategic planning | deciding what a company is going to do in the future |
| consulting firm | a company of experts providing professional advice to business for a fee |
| pension fund | a financial institution that invests money to provide retirement income for employees |
| forecasters | people who try to predict what will happen in the future |
| subsidiary | a company that is partly or wholly owned by another one |
| institutional investor | a financial institution that purchases securities |
| valuation | establishing how much something is worth |