Difference between revisions of "Merchant bank"

From ACT Wiki
Jump to: navigation, search
m (Spacing 22/8/13)
(Added link)
Line 8: Line 8:
 
== See also ==
 
== See also ==
 
* [[Investment bank]]
 
* [[Investment bank]]
 +
* [[Universal bank]]

Revision as of 09:23, 23 March 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.


See also