merchant bank investment & finance definition
A
term commonly used in the U.K.; the equivalent to an investment bank in the
U.S. Merchant banks advise companies on mergers and on raising capital,
managing portfolios, dealing in bullion, and other financial services.
Typically merchant banks don’t make loans.
See merchant bank in Wall Street Words
An investment bank that commits its own funds by taking a creditor position or equity interest in another firm. For example, a merchant bank may provide temporary financing for a leveraged buyout.
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