Merchant bank: Difference between revisions
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== See also == | == See also == | ||
* [[Investment bank]] | * [[Investment bank]] | ||
* [[Universal bank]] | |||
Revision as of 09:23, 23 March 2017
Merchant banks traditionally specialised in trade related finance (hence their former description as 'accepting houses'), underwriting of new issues and provision of corporate advice.
The term 'investment banks' - which orginated in relation to similar banks in the US - is now more generally used for these banks.
These banks provide a wide range of services in the money, capital and securities markets.
