Question

Function of merchant bankers and underwriters

Answer 1

The important functions of merchant banking are depicted below. The functions of merchant banking are listed as follows: Raising Finance for Clients : Merchant Banking helps its clients to raise finance through issue of shares, debentures, bank loans, etc. ... They buy and sell shares on behalf of their clients

In investment banking, underwriters are best known for the role that they play in initial public offerings ( IPOs ). IPOs are when a company decides to sell equity on the stock market for the first time. They sell their own stock on the market and in the process, raise money through selling equity