Introduction to Investment Banking
An investment bank is not a bank in the usual sense. It doesn't have checking or savings accounts, nor does it make auto or home loans. It is a bank in the general sense, in that it helps businesses, governments, and agencies to get financing from investors in a similar way that regular banks help these organizations get financing by lending money that the banks' customers have deposited in the banks' savings, checking, and money market accounts, and CDs. In other words, connecting the need for money with the source of money.Investment banks act as Intermediary between those needing funds (Corporations (domestic and foreign), government agencies, state and local governments, foreign governments) and those wanting to invest them (Corporations, governments, investment vehicles such as mutual funds, pension funds, endowments, etc.)
Investment banks help companies and governments raise money by issuing and selling securities in the capital......
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