Benchwayze
Established Member
LuptonM":3titnxmo said:U guys don't even know what investment bankers do. U have just jumped on the scapegoat wagon. I doubt u could differentiate between traders and investment bankers. If anything u think them the same.
Merchant Banks - Investment Banks.
There isn't a lot of difference sunshine.
They operate in slightly different fields, but in much the same manner. They both raise funds. but not necessarily in the same way, or for the same clientele.
Investment banks raise funds for businesses and governments by registering and issuing debt or equities which are then sold on a market. They focus on the larger organisations.
Merchant banks serve companies that are too big for venture capital firms to deal with, but are still too small to make large public share offering on a major exchange. They place equity privately, with other financial institutions, and in doing so, take large portions of ownership in companies that are believed to have strong growth potential. (I.e., they really do screw their customers over)
So while Investment Bakers screw over the massive Companies and some Governments, Merchant Bankers screw over the smaller fry.
Merchant or Investment they both spin money, mostly for themselves, and both could be used in Cockney Slang.