What is the primary role of an investment bank?
Taking deposits
Advisory-based financial transactions
Issuing credit cards
Retail banking
Answer
Investment banks primarily focus on advisory-based financial transactions on behalf of individuals, corporations, and governments. They assist in raising financial capital, mergers and acquisitions, and provide various other financial services.
Bank on Your Future: The Ultimate Investment Banking Quiz
More Questions
Which rule asserts institutional separation of investment banking services from commercial banking?
What are the two main categories of investment banking activity?
Which type of financial institution is NOT a common buy-side entity?
What is the term for the upper tier of investment banks?
Which act repealed the Glass-Steagall Act in 1999?
Related Quizzes
Subscribe Now!
Learn something
new everyday
Playing quizzes is free! We send 1 quiz every week to your inbox