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Merchant Banking

Definition of 'Merchant Banking'

An activity that includes corporate finance activities, such as advice on complex dinancings, merger and acquisition advice (international or domestic), and at times direct equity investments in corporations by the banks.

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Central Bank Wholesale Banking Bank-Merchant Sponsor Bancassurance Call Clearing House Interbank Payment System Eurocurrency Banking Foreign Banking Issuer Relationship Banking Stock of High-Powered Money Transactional Banking

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