Investment banks

Question

Investment banks

Quizplus · Accepted Answer

Investment banks specialize in providing assistance to business firms in raising new capital in primary markets. They do this by underwriting and selling securities, such as stocks and bonds, to investors on behalf of the issuing companies. Investment banks also provide other financial advisory services, such as mergers and acquisitions, restructuring, and risk management. They do not typically lease machinery or equipment, acquire deposits and lend them out like commercial banks, or aid the government in covering budget deficits.

Investment Banks