what dose syndicate division in investment banking mean



0
what does syndicate group do at an investment, bank i mean functions on board

1 Answer(s)


0

There are several different types of syndicates, including underwriting syndicates, banking syndicates and insurance syndicates.

Suppose we can consider, an underwriting syndicate is a group of investment banks that works together to issue new stock to the public. The bank that takes the lead in this endeavor is called the syndicate manager. Thirty days after the sale is complete, or if the securities cannot be sold at the offering price, then the syndicate will break up.

Your Answer

Click on this code-snippet-icon icon to add code snippet.

Upload Files (Maximum image file size - 1.5 MB, other file size - 10 MB, total size - not more than 50 MB)

Email
Password