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Merchant or investment 1_______ act as intermediaries between investors and private or 2_______ concerns seeking medium to long-term funds, often acting as underwriters for an issue of 3_______. Increasingly they have played a fundamental role in advising on mergers and acquisitions, and on management buy-outs. In the United Kingdom, some of the longest established and best-known 4_______ banks are still privately owned.
Merchant or investment 1_______ act as intermediaries between investors and private or 2_______ concerns seeking medium to long-term funds, often acting as underwriters for an issue of 3_______. Increasingly they have played a fundamental role in advising on mergers and acquisitions, and on management buy-outs. In the United Kingdom, some of the longest established and best-known 4_______ banks are still privately owned.
• banks
• merchant
• shares
• public