Loan relationship 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 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]] | ||
Revision as of 14:20, 23 October 2012
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
