Merchant bank and Observable valuation inputs: Difference between pages

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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.
Valuation inputs that are developed using market data, such as publicly available information about actual events or transactions, and that reflect the assumptions that market participants would use when valuing the asset or liability.


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==
 
*[[IFRS 13]]
 
*[[Fair value]]
== See also ==
* [[Investment bank]]
* [[Universal bank]]

Revision as of 16:26, 26 July 2015

Valuation inputs that are developed using market data, such as publicly available information about actual events or transactions, and that reflect the assumptions that market participants would use when valuing the asset or liability.


See also