In syndicate, leading bank which negotiates transaction to issuing bank on behalf of syndicate is called
A. originating house
B. non originating house
C. investment house
D. non securitize house
Answer: Option A
Solution(By Examveda Team)
In syndicate, leading bank which negotiates transaction to issuing bank on behalf of syndicate is called originating house. Originating house is an investment brokerage firm or several investment bankers joined together to manage the underwriting and sale of a new issue of stock to the general public.This Question Belongs to Management >> International Finance And Treasury
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