explain the marchat banking
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The term merchant bank refers to a financial institution that conducts underwriting, loan services, financial advising, and fundraising services for large corporations and high-net-worth individuals (HWNIs). ... Unlike retail or commercial banks, merchant banks do not provide financial services to the general public
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Answer:
The term merchant bank refers to a financial institution that conducts underwriting, loan services, financial advising, and fundraising services for large corporations and high-net-worth individuals (HWNIs). ... Unlike retail or commercial banks, merchant banks do not provide financial services to the general public.
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