Merchant banks:

Question

Merchant banks:

Quizplus · Accepted Answer

Merchant banks are primarily involved in underwriting and marketing new issues of securities, such as stocks and bonds. This involves helping companies to raise funds by selling their securities to the public. While they may also provide additional services such as advice on mergers and acquisitions, asset management, and foreign exchange, their core function is to facilitate the process of raising capital through the sale of new securities. Thus, Choice C is the only option that accurately describes the primary role of merchant banks.

Merchant Banks