A bank that purchases large holdings of newly issued shares and resells them to investors
An investment bank is a financial institution that assists corporations and governments in raising capital by underwriting and acting as the agent in the issuance of securities. An investment bank also assists companies involved in mergers and acquisitions, derivatives, etc. ...
(INVESTMENT BANKING) Businesses specializing in the formation of capital. This is done by outright purchase and sale of securities offered by the issuer, standby underwriting, or “best efforts selling.”
(Investment Banking) the practice of raising money for companies. Common methods of capital raising are IPO’s, private placement of stock, bond offerings, and other methods.
(Investment banking) Fee generating businesses encompassing Advisory, Debt and Equity Origination within Barclays Capital.
that underwrite new stock issues attempt to allocate shares to new investors that indicate they will retain the shares for several months. Often management and venture investors are prohibited from selling IPO shares until a "lock-up period" (usually 6 to 12 months) has expired.