Difference between revisions of "Merchant bank"

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== 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