What is the primary function of an investment bank?

"Facilitating large-scale financial transactions like IPOs and mergers" "Providing daily banking services like deposits and withdrawals" "Offering personal loans and credit cards to individuals" "Managing retirement funds and pension plans"

Which of the following is a key difference between investment banks and commercial banks?

"Investment banks serve a small number of high-value clients, while commercial banks cater to a large customer base" "Investment banks primarily deal with individual customers, while commercial banks focus on corporations" "Investment banks generate revenue through interest on loans, while commercial banks earn through commissions and fees" "Investment banks offer standardized services, while commercial banks provide customized solutions"

What is the role of the 'sell-side' in investment banking?

"Managing investments for institutional clients like pension funds" "Trading securities to maximize returns for clients" "Selling shares of newly issued IPOs and assisting with bond issues" "Providing advisory services for mergers and acquisitions"

Which of the following is NOT a service typically offered by the 'back office' of an investment bank?

"Developing new trading algorithms" "Ensuring the smooth functioning of trading platforms" "Making sure securities are bought and sold at the correct price" "Providing strategic advice on mergers and acquisitions"

How do investment banks contribute to the financial market?

"They provide loans and credit to small businesses" "They manage personal savings accounts for individuals" "They facilitate the flow of capital between investors and corporations" "They regulate the stock market and prevent financial fraud"