What are Investment Banks?
Investment banks are financial intermediaries that perform a variety of services. When a company wants to raise capital by issuing securities, it needs an entity with the skills and knowledge required to bridge the gap between itself and investors. Investment banks fill that underwriting role. They also advise businesses on mergers and acquisitions, buy and sell their own securities, and serve as a broker and adviser for financial institutions, offering guidance on the best ways to raise funds.
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