Institutions known as ____ deal in securities issued by their customers to gather funds from the stock and bond markets.

Question

Quizplus · Accepted Answer

Investment banks specialize in underwriting and selling new security issues to help companies and governments raise capital by issuing and selling securities in the primary market. They play a crucial role in facilitating investments and providing advisory services for mergers, acquisitions, and other financial transactions.

Institutions Known as ____ Deal in Securities Issued by Their