Firms that specialize in helping companies raise capital by selling securities to the public are called ________.

Question

Quizplus · Accepted Answer

Investment banks specialize in helping companies raise capital by selling securities to the public. Pension funds manage retirement funds for employees, savings banks are retail banks that primarily focus on savings accounts and loans, and REITs are real estate investment trusts that own and operate income-generating real estate properties.

Firms That Specialize in Helping Companies Raise Capital by Selling