Merchant banking refers to: a)Banking services that are only available to retail
ID: 1178046 • Letter: M
Question
Merchant banking refers to:
a)Banking services that are only available to retail merchants.
b)
Investment banks investing their own funds in companies.
c)
Banking services that are only available to business but not the general public.
d)
Banking activities that are carried out by companies that are not banks.
a)Banking services that are only available to retail merchants.
b)
Investment banks investing their own funds in companies.
c)
Banking services that are only available to business but not the general public.
d)
Banking activities that are carried out by companies that are not banks.
Explanation / Answer
Banking services that are only available to business but not the general public.
Banking services that are only available to business but not the general public.
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