Merchant bank

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Revision as of 09:11, 22 August 2013 by imported>Doug Williamson (Spacing 22/8/13)
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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.

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.


See also