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InterviewSolution
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What Are Investment Banks? |
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Answer» An investment BANK (IB) is a financial intermediary that performs a variety of services. Investment banks specialize in large and complex financial transactions such as UNDERWRITING, acting as an intermediary between a securities issuer and the investing PUBLIC, facilitating mergers and other corporate reorganizations, and acting as a broker and/or financial adviser for institutional CLIENTS. An investment bank (IB) is a financial intermediary that performs a variety of services. Investment banks specialize in large and complex financial transactions such as underwriting, acting as an intermediary between a securities issuer and the investing public, facilitating mergers and other corporate reorganizations, and acting as a broker and/or financial adviser for institutional clients. |
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