Often investment bankers will form a group,each one buying only a portion of the new securities to be issued.Such a group is called an underwriting ________.

Question

Quizplus · Accepted Answer

The term commonly used to refer to a group of investment bankers who collaborate in the purchase and distribution of new securities is underwriting syndicate, making option (B) the correct answer. The other choices, alliance, association, and guild are not commonly used in finance to refer to such a group.

Often Investment Bankers Will Form a Group,each One Buying Only