what is merchant banking ?
Answers were Sorted based on User's Feedback
Form of banking where the bank arranges credit financing,
but does not hold the loans in its investment portfolio to
maturity. A merchant bank invests its own capital in
leveraged buyouts, corporate acquisitions, and other
structured finance transactions. Merchant banking is a fee
based business, where the bank assumes market risk but no
long-term credit risk. A common form of banking in Europe,
merchant banking is gaining acceptance in the United
States, as more banks originate commercial loans and then
sell them to investors rather than hold the loans as
portfolio investments. A banque d'affaire is a French
merchant bank, which has more powers than its British
counterpart. The Gramm-Leach-Bliley Act allows financial
holding companies, a type of Bank Holding Company created
by the act, to engage in merchant banking activities.
Is This Answer Correct ? | 7 Yes | 0 No |
Answer / ramesh
Financial institution that specializes in services such as
acceptance of bills of exchange, hire purchase or
installment buying, international trade financing, long-
term loans, and management of investment portfolios.
Merchant banks also advise on (and invest own funds in)
acquisitions, mergers, and takeovers. In the US, a merchant
account provider is sometimes called a merchant bank
Is This Answer Correct ? | 0 Yes | 0 No |
what is the difference betwen p & l a\c and income & expenditure statement
If we follow accrual basis of accounting....will it be in conflict conservatism concept?
Is Depreciation a source of fund
how is cost concept extension of on going concept?
if closing stock appears in the trial balance what is the sollution
1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.
Expand----------ITR
what is the difference between gross profit and net profit?
difference between accrual,payable and provision
What is Income Statement ?
PERSONAL DETAILS
What is share,Bond, sharecapital, Budgeting, BRS, CA, CL, WC, WACC, Depreciation, types of Depreciation, B/S, CF items and some transactions and Preference Share capital, Equity Share Capital , Debenture and practicle Questions to solve and tell there itself whether the co's good for investing etc..like opinion for problems to find out how good one is with basics.