Investment Banks


Also found in: Dictionary, Financial.

Investment Banks

 

a kind of capitalist bank specializing in financing and long-term lending to different sectors of the national economy, mainly industry, transport, and trade. Investment banks have become greatly developed particularly during the era of imperialism. The investment banks create their resources basically by offering their own stocks and bonds in the money market. With the development of state-monopolistic capitalism in a number of capitalist countries (including West Germany, Japan, Italy, and Turkey), state investment banks have been founded that derive their funds or capital from the state budget.

References in periodicals archive ?
Commercial banks still dominate the financial sector by virtue of the strength of their balance sheets though investment banks are growing rapidly.
While overall business conditions remained difficult during 1996, this was more so in the case of investment banks.
In the past few years, minority investment banks have sold discount notes, debentures and medium-term notes for quasi-government agencies.
Like WR Lazard, most of the nation's top black-owned investment banks were able to meet the extreme challenges of 1994.
Grigsby's pre-emptive strike typified the aggressive moves the largest black-owned investment banks made in 1993 when two of the top 15 firms each senior-managed more than $1.
After years of laboring in relative obscurity, black investment banks take the spotlight by doing unprecedented deals.