A(n) ________ bank is an institution, such as Credit Suisse First Boston, that acts as an underwriter or agent for a firm engaged in an initial public offering.
A) venture
B) statutory
C) fiduciary
D) investment
E) public

Question

Quizplus · Accepted Answer

An investment bank acts as an underwriter or agent for a firm engaged in an initial public offering. Options A, B, C, and E do not accurately describe this type of bank.

A(n) ________ Bank Is an Institution, Such as Credit Suisse