Eurosystem and Merchant bank: 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. | ||
The | 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 == | == See also == | ||
* [[ | * [[Investment bank]] | ||
* [[ | *[[Non ring fenced bank]] | ||
* [[ | *[[Ring fenced bank]] | ||
* [[ | * [[Universal bank]] | ||
Revision as of 17:36, 16 May 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.
