The hierarchy of IB is pretty self explanatory when doing a simple search but how do the Global Heads fit into the picture?
For instance, there are global heads of software - does this mean that this MD was in charge of the rest of the MDs and ran the whole software pipeline? How would this individual's salary compare to other MDs at the firm?
In tech banking, is there generally a global head for every sub-sector? Ran across some linkedin profiles and don't really understand.