Merchant bank - A British term for a bank that specializes not in lending out its own funds, but in providing various financial services such as accepting bills arising out of trade, underwriting new issues, and providing advice on acquisitions, mergers, foreign exchange, portfolio management, etc.
A bank which offers a range of services to corporate clients including advice on:investment banking,international tradingmergers and acquisitionsflotations, new issues and capital restructuring
Merchant bank : a british term for a bank that specializes not in lending out its own funds, but in providing various financial services such as accepting bills arising out of trade, underwriting new issues, and providing advice on acquisitions, mergers, foreign exchange, portfolio management, etc.
a bank which offers a range of services to corporate clients including advice on:investment banking,international tradingmergers and acquisitionsflotations, new issues and capital restructuring
Merchant bank