Apex Group Senior Associate Interview Questions, Process, and Tips

CDD stands for Customer Due Diligence, while EDD stands for Enhanced Due Diligence. CDD is a standard process to verify customer identity, while EDD is a more thorough investigation for higher risk customers.

• CDD is a basic process to verify customer identity and assess the risk level.

• EDD is a more in-depth investigation conducted for higher risk customers.

• CDD is mandatory for all customers, while EDD is typically reser...read more

Private equity is a type of investment where funds are raised from investors to acquire and invest in private companies.

• Private equity firms typically buy a controlling stake in a company and then work to improve its operations and profitability before selling it for a profit.

• Private equity investments are typically made in companies that are not publicly traded.

• Private equity can be used to finance growth, acquisition...read more