The primary function of investment banks is

Question

Quizplus · Accepted Answer

The primary function of investment banks is to help corporations raise funds. This can be done through underwriting, where the investment bank buys securities from the corporation and resells them to the public, or through advisory services, where the investment bank assists the corporation in finding investors and structuring financial transactions. Investment banks typically do not bundle deposits into loans or extend long-term credit to other financial institutions, although they may provide credit to firms engaged in international trade as part of their overall services.

The Primary Function of Investment Banks Is