What is an Investment Bank?

The four major investment banks are Merrill Lynch, Morgan Stanley, Goldman Sachs, and Citigroup. Investment banking is the product of the development of securities and joint stock company systems to a specific stage, and is an important subject of developed securities markets and mature financial systems. It plays a role in communicating the supply and demand of funds, constructing securities markets, promoting corporate mergers and acquisitions, and promoting industrial concentration in modern socio-economic development And the formation of economies of scale, and optimize the allocation of resources.

Four major investment banks

With the rapid development of the investment banking industry, it is also very difficult to define investment banks. The investment bank is the title of the United States and Continental Europe, which the United Kingdom calls

Merrill Lynch (NYSE: MER, TYO: 8675), one of the world's most famous securities retailers and investment banks, is headquartered in New York, USA. As the world's largest finance

Morgan Stanley (NYSE: MS), commonly known as "Da Morgan" in the financial industry, is an international financial services company established in New York, USA, providing a variety of financial services including securities, asset management, corporate mergers and reorganizations, and credit cards Currently, it has representative offices in more than 600 cities in 27 countries and employs more than 50,000 people. September 2008, changes

On June 16, 1812, the State of New York chartered the establishment of Citibank, whose English name was "City Bank of New York". On September 14, Citibank opened at 52 Wall Street to provide services to some New York merchants. The bank's president is Colonel Samuel Osgood, who fought alongside George Washington in the Revolutionary War.