A group of investment bankers who pool their efforts to underwrite a security are known as a(n):

Question

Quizplus · Accepted Answer

Investment bankers who pool their efforts to underwrite a security are known as a syndicate. This term specifically refers to the group of underwriters who work together to sell and distribute new securities offerings to the public. The other answer choices (amalgamate, conglomerate, green shoe group, klatch) do not accurately describe this type of group.

A Group of Investment Bankers Who Pool Their Efforts to Underwrite