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investment banking
[in-vest-muhnt bang-king]
noun
a type of banking that involves the underwriting of new securities and initial public offerings, the handling of mergers, and other large financial transactions.
Example Sentences
Antonio Weiss, the former head of investment banking at Lazard, said the city’s relationship with Washington is likely to be the most immediate challenge.
“But I’m going to guess that whether they stay or leave, you’ll have zero who end up in investment banking or consulting,” said Feldman.
In October, Standard Chartered named veteran banker Roberto Hoornweg as the sole chief executive of corporate and investment banking as co-head Sunil Kaushal prepared to retire.
Investment banking revenue exceeded expectations due to stronger fixed-income trading, the analysts say.
The group’s investment banking business accounted for 60% of the beat relative to expectations at the underlying pretax profit level, according to Vontobel.
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