Proprietary Trading vs Treasury Management

[sparty419]

I am sort of confused between the two terms. My understanding is that Treasury management basically overseens the company's holdings and invests in lower-risk or shorter-term instruments while propietary trading is opposite.
And I was just researching through and it seems propietary desk in under the investment baking group of a bank while the treasury desk seems to be a separate entity and not falling under any group as such.

Can anyone explain??

Thanks

 

[Big Nodge]

The treasury manages the banks funding and liquidity. They determine funding strategy, when and how to issue bonds (tenor, fixed vs floating, secured vs unsecured, etc). They might also maintain a liquidity pool of liquid securities for liquidity risk management purposes.

The prop desks is totally different, they deploy capital by taking risk positions in all types of securities employing any number of different strategies. The prop desk will genearlly fall under FICC / fixed income while the treasury will be in finance or the CFOs office.