What does S&T mean in banking?
In investment banking, global capital markets, and institutional finance, S&T stands for Sales and Trading. This division encompasses the institutional departments responsible for facilitating client transactions, executing trades in equities, fixed income, foreign exchange, and commodities, and providing market liquidity. Sales professionals interact directly with institutional clients to pitch investment strategies and communicate market sentiment, while traders manage book inventory, execute orders, and price financial securities to generate revenue through market-making activities and risk management.
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