BANKING GENERAL KNOWLEDGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following can be categories as a Merchant Banking service?
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Consultancy on finance to a company
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Advance in capital structure
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Managing mergers
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All the above
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Explanation:
Detailed explanation-1: -The services offered by merchant banks include underwriting, issue management, fundraising, loan syndication, portfolio management, financial advice, and more.
Detailed explanation-2: -Some of the largest merchant banks in the world include J.P. Morgan Chase, Goldman Sachs, and Citigroup.
Detailed explanation-3: -1. A merchant bank is a financial institution conducting money market activities and: a. Lending.
There is 1 question to complete.