Concept information
Preferred term
investment banks
Definition
- Unlike consumer banks, investment banks offer services that primarily deal with the restructuring of business ownership, including initial public offerings, mergers and acquisitions, leveraged buyouts, securitization, and private placements. In the sense that most people think of it, an investment bank is not a bank at all—insofar as it does not act as a lender or depository, but rather as a middleman and consultant. [Source: Encyclopedia of Business in Today's World; Investment Banks]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/investment_banks
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