What is reconciliation statement and investment banking?

It's a document that begins with a company's own record of an acvount balance, adds and subtracts reconciling items in a set of additional columns, and uses these adjustments to arrive at the record the same account held by a third party. _Investment Banking is a soec division of Banking related to the creation of capital for other companies, government and other entries.

Reconciliation statement is formerly known as a tool which is used to reconcile the bank passbook and our passbook. Investment banking is a instrument which is used by the financial organisation to take a better investment decision like issuing IPO, stocks, bond etc.

Bank Reconciliation Statement means it reconciles balance between cash and pass book.

Investment Banking provides the financial services to individual, Corporations and Government such as raising financial capital by undertaking or acting as the clients agents in the issuance of security.

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 the bank reconciliation  is a tool to find the equivalence between the firm records and bank books

 the investment banking

used by the financial organization to take a better investment decision

Reconciliation statement is formerly known as a tool which is used to reconsile the bank passbook and our passbook.Investment banking is a is a instruement which is used by the financial organisation to take a better investment decision like issueing IPO, stocks, bond etc.

Reconciliation means to find the difference in books and   bank statement and that difference telly the balance of both the book.