Investment banking firms assist individuals to purchase new or existing securities issues or to sell previously purchased securities.

Question

Quizplus · Accepted Answer

Investment banking firms primarily assist companies and governments in raising capital by underwriting or acting as the client's agent in the issuance of securities. They do not typically assist individuals in purchasing or selling securities; this service is more commonly provided by broker-dealers or retail brokerage firms.

Investment Banking Firms Assist Individuals to Purchase New or Existing