Question

define marchant banking and explain its function?​

Answer 1

Explanation:

A merchant bank is a company that conducts underwriting, loan services, financial advising, and fundraising services for large corporations and high net worth individuals. Unlike retail or commercial banks, merchant banks do not provide services to the general public.

Answer 2

A merchant bank is historically a bank dealing in commercial loans and investment

Functions of merchant banking

raising finance for clients

broker in stock

project management