Banks that both perform traditional commercial banking functions and engage in investment banking activities are often called

Question

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Merchant banks are financial institutions that engage in both traditional commercial banking functions and investment banking activities. They offer a wide range of services including underwriting, loan services, financial advising, and fundraising for corporations. Unlike investment banks, which primarily focus on securities and underwriting, or commercial banks, which primarily deal with deposits and loans, merchant banks cover both areas.

Banks That Both Perform Traditional Commercial Banking Functions and Engage