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Definition: Financial institutions that help corporations issue stocks and bonds in order to raise money. Unlike regular banks, they do not accept deposits or make loans.
TeenAnalyst Advice: Investment banks provide a number of services for their clients: mergers and acquisitions, underwriting, etc. People who go into careers in investment banking are usually people looking to make a lot of money.Examples of investment banks: Merrill Lynch, Goldman Sachs, Morgan Stanley, etc.
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