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Merrill Lynch Morgan Stanley and Credit Suisse Group plan for raising...

This question belongs to Commerce Financial Management
Financial Management
?

Merrill Lynch, Morgan Stanley and Credit Suisse Group plan for raising capital is classified as

Answer & Solution
Correct Answer: Option A
Merrill Lynch, Morgan Stanley and Credit Suisse Group plan for raising capital is classified as investment banking houses. Investment banking is a special segment of banking operation that helps individuals or organisations raise capital and provide financial consultancy services to them.
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