Financial institutions that specialise in assisting corporations in primary market transactions are called ________.

Question

Quizplus · Accepted Answer

Investment bankers are financial institutions that specialise in assisting corporations in primary market transactions such as initial public offerings (IPOs), secondary offerings, and private placements. Mutual funds and pension funds are types of investment vehicles that pool money from investors to invest in securities, but they do not typically participate in primary market transactions. Globalisation specialists may provide consulting services to corporations on international business practices, but they are not directly involved in primary market transactions.

Financial Institutions That Specialise in Assisting Corporations in Primary Market