Investment or merchant bank

A finance company which carries out three types of operation: counselling (especially on mergers and take-overs); financial management of companies (increasing capital, bringing them into the stock-market Stock-exchange
Stock-market
The market place where securities (stocks, bonds and shares), previously issued on the primary financial market, are bought and sold. The stock-market, thus composed of dealers in second-hand transferable securities, is also known as the secondary market.
, issuing securities) and investments on the markets. An investment bank does not collect money from the public but is financed by borrowing from banks or on the money markets.

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