The primary purpose of investment banking is
A) providing mortgages to businesses.
B) issuing credit cards.
C) providing capital to finance construction of office complexes.
D) buying and selling securities.
E) issuing loans to fund college education.

Question

Quizplus · Accepted Answer

Investment banking involves underwriting, issuing, and trading securities such as stocks, bonds, and derivatives. Investment banks also provide advisory services to corporations, governments, and other institutions on mergers and acquisitions, corporate restructuring, and other financial transactions.

The Primary Purpose of Investment Banking Is