Merchant bank: Difference between revisions
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imported>Doug Williamson (Link with Non ring fenced bank page.) |
imported>Doug Williamson (Classify page.) |
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Merchant banks traditionally specialised in trade related finance (hence their former description as 'accepting houses'), underwriting of new issues and provision of corporate advice. | 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 | |||
The term 'investment banks' - which originated 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. | These banks provide a wide range of services in the money, capital and securities markets. | ||
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*[[Ring fenced bank]] | *[[Ring fenced bank]] | ||
* [[Universal bank]] | * [[Universal bank]] | ||
[[Category:The_business_context]] | |||
Latest revision as of 07:30, 29 June 2022
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 originated 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.
