Investment bank

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Credit institution that carries out all or some financial market activities: origination, financial analysis, sales, execution and trading, investment, custody and other post-trade activities, merger-acquisition. This type of institution, closely monitored by various supervisory authorities (AMF, Comité des établissements de crédit et des entreprises d’investissement and Commission Bancaire), may have the status of a bank (credit institution) or investment firm.

An investment bank does not receive funds from the public, but finances itself by borrowing from commercial banks.

 

Source: FBF