Research

You study a group of European financial companies and tell investors whether their shares look cheap or expensive. This is equity research, the part of an investment bank that writes about listed companies and gives views on their shares to the bank's investor clients. Diversified financials are financial companies that are not plain banks or insurers, such as asset managers and specialist lenders.

You would have direct coverage of a subset of these stocks. That means you are the named analyst who follows those companies, publishes forecasts for them and gives each one a recommendation, such as buy or sell.