[Investment banking ②] "CIB staff training, time and cost required"

[Korea Selected financial newspaper reporters: "The key is people," the major banks (holding), corporate and investment banking (CIB) business representatives gathered mouth emphasized the importance of fostering human resources.

The 2nd one, Shinhan Bank, National Agricultural Cooperative Finance has strengthened the synergy and collaboration subsidiary banks, securities and insurance at group level through interviews and written an introduction to the companies in CIB.

One is internally operates a training program called 'IB pre-professional personnel training courses (PIBS)' to enhance the CIB expertise. An 8-month course program consisting of theory and practice.

Woo Gyeongho KEB, Hana Bank Investment Banking General Manager explained, "CIB related to human resources of time and money is spent on personnel development as a feature that holds a high level of financial expertise and market network."

It made any effort to recruit outstanding external specialists, though not as nokrok. In the long term view that even comes internally desirable to foster human resources.

Jeong Taeseung Shinhan Bank CIB division said, "Junior (Junior) personnel internally to raise in the capital markets expertise to help Shinhan CIB growth" and "if necessary banks, through financial investments for personnel exchange in the comparison, the absolute advantage in the competitive and business know-how in the area to be transplanted or propagated, "he said.

NACF ​​has also fostering investment banking (IB), pre-professionals such as fund management through the in-house 'NH- Finance MBA' system operated by the Agricultural pan dimensions.

Lee Woojong Agricultural Financial Group Synergy promotion manager "was carried out banks and securities between IB professional staff personnel exchanges this year," he said "CIB specialized labor pool (pool), maintenance continue to establish a professional workforce development programs and education plan to introduce" Description did.

Financial institutions are concerned with the Bank and CIB geumtu synergies that can complement each other, weaknesses and threats. Banks is that rich capital and sales channels, corporate networks, and the securities have a corporate bonds, initial public (IPO), including a wide range of product capabilities.

Woo Gyeongho KEB, Hana Bank investment banking manager "" one control "is to build a unified leadership over (One Control) promote the coordination redundancy" and " 'double counting' (D / C) introduced based performance evaluation system collaboration motivation has also strengthened factors, "he explained.

Jeong Taeseung Shinhan Bank CIB division section for such "banks and geumtu company double counting scheme for financial professionals (RM) co-operating results was introduced since the CIB division launched" and "joint sales strategy, product marketing, and capital market trends' Duo (Duo) RM Forum 'has also operated every quarter, "he said.

Lee Woojong Agricultural Financial Group synergies promoted chief also "IB Deal (Deal) commits INFORMATION introduce or collaboration cooperatives affiliates that affiliates have gotta evaluation system designed to receive merit" and "practitioners to-be expanded permanent enemy communications so strongly to small groups operating synergies are encouraged and supported, "he said.

* Corporate and investment banking (CIB) = IB polymorphism linked to the organization of commercial banks in corporate banking concept combined (CB) and investment banking (IB) finance (RM) and the Securities Department (geumtu). Mergers and acquisitions (M & A) advisory, alternative investments, real estate finance is a major business.



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