Boutique investment banks specialize in originating, underwriting, and distributing issues of new securities.

Question

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Boutique investment banks focus on providing specialized and customized services related to securities offerings, often for a specific industry or sector. This includes originating (finding and securing potential clients), underwriting (assessing the value and risks of the securities and assuming a certain amount of risk by purchasing them), and distributing (finding buyers for the securities) new securities.

Boutique Investment Banks Specialize in Originating, Underwriting, and Distributing Issues