The investment bank's process of ascertaining, to the extent possible, an issuing firm's financial condition and investment intent is known as:

Question

Quizplus · Accepted Answer

The investment bank's process of ascertaining an issuing firm's financial condition and investment intent is known as due diligence. This involves conducting a thorough analysis of the issuing firm's financial statements, management, operations, and any other relevant information to ensure that the investment is sound and aligns with the bank's goals and objectives.

The Investment Bank's Process of Ascertaining, to the Extent Possible