BANKING AFFAIRS

Detailed explanation-1: -A merchant bank is a financial institution that conducts underwriting, loan services, financial advising, and fundraising services for large corporations and high-net-worth individuals (HWNIs).

Detailed explanation-2: -A merchant bank is a financial institution conducting money market activities and which of the following? Notes: A merchant bank is a financial institution conducting money market activities, lending, underwriting and financial advice and investment service.

Detailed explanation-3: -1. A merchant bank is a financial institution conducting money market activities and: a. Lending.

Detailed explanation-4: -Merchant banking refers to the process of using a financial institution that provides services such as underwriting, mergers and acquisitions advice, asset management, and corporate finance. Merchant banks are usually private institutions and are not affiliated with any commercial or retail bank.

Detailed explanation-5: -Merchant banks are banks that conduct fundraising, financial advising and loan services to large corporations. These banks are experts in international trade, which makes them experts in dealing with large corporations and industries.