Which type of bank is primarily involved in underwriting and issuing securities?

Which type of bank is primarily involved in underwriting and issuing securities?

Step 1: Understand what underwriting means. Underwriting is when a bank helps a company sell its stocks or bonds to investors.
Step 2: Learn about securities. Securities are financial instruments like stocks and bonds that represent ownership or debt.
Step 3: Identify the types of banks. There are different types of banks, such as commercial banks, retail banks, and investment banks.
Step 4: Know the role of investment banks. Investment banks specialize in helping companies raise money by underwriting and issuing securities.
Step 5: Conclude that investment banks are the type of bank primarily involved in underwriting and issuing securities.

No concepts available.