Investment BankingBeginner
Investment Banking
Advisory and capital-raising services for companies, governments and investors.
Detailed explanation
Investment banks advise on mergers and acquisitions, help companies raise money through IPOs, follow-on offers and bonds, and structure complex financing. In India, merchant bankers for public issues must be registered with SEBI.
Why it matters
Almost every large deal, listing or bond issue has investment bankers behind it.
Key points
- Main divisions: M&A advisory, ECM, DCM, leveraged finance.
- Paid mainly through fees on completed deals.
- In India, issue managers are SEBI-registered merchant bankers.
Related terms
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Educational content only. Definitions and examples are illustrative and are not investment, tax or legal advice.