Q228
Firms that specialize in helping companies raise capital by selling securities are called ________.
A.
commercial banks
B.
investment banks
AnswerC.
savings banks
D.
credit unions
Answer: Option B
Solution
Answer: Option B
Solution:
Firms that specialize in helping companies raise capital by selling securities are called investment banks. An investment bank (IB) is a financial intermediary that performs a variety of services.