Investment bank is a kind of financial institution corresponding to commercial bank. Non-bank financial institutions mainly engaged in securities issuance, underwriting, trading, enterprise restructuring, mergers and acquisitions, investment analysis, venture capital, project financing and other businesses are the main financial intermediaries in the capital market. Investment banks are the names of the United States and continental Europe, Britain is called merchant banks, and China and Japan are called securities companies.
Investment banks have various platforms, and there are four main definitions of investment banks in the world:
First, any financial institution engaged in Wall Street financial business can become an investment bank.
Second, only financial institutions that operate part or all of the capital market business are investment banks.
The third type: turn financial institutions engaged in securities underwriting and corporate mergers and acquisitions into investment banks.
Fourth, financial institutions that only underwrite securities in the primary market and trade securities in the secondary market are called investment banks.
Extended data:
Different countries in the world divide and call securities companies differently. The popular name in America is investment bank, while in Britain it is commercial bank. In some countries, such as Germany, banks and securities are mixed, and banks usually set up companies to engage in securities business. Like China, some countries such as Japan call financial institutions specializing in securities business securities companies.
Investment banking is an ever-changing industry. In the financial field, the term investment bank has a very broad meaning. Broadly speaking, it includes a wide range of financial services; In a narrow sense, its business scope is more traditional.
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