Difference between revisions of "Investment bank"
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Revision as of 03:30, December 26, 2012
Investment Bank
An Investment bank is a financial institution that provides the underwriting of debt & equity securities, facilitates M&A activity between companies, and does brokerage services to both individual and institutional clients. Prominent investment banks include Goldman Sachs, Morgan Stanley and Citigroup.
All investment banks and stockbrokers must be licensed with Financial Industry Regulatory Authority (FINRA) in order to provide brokerage services. FINRA is the regulator for all investment banks and registered securities representatives; it is a self-regulatory organization, not a government agency.