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zlopas [31]
2 years ago
11

Investment bankers perform all of the following functions except: a purchase securities from issuers on a principal basis b sell

securities for issuers on an agency basis c advise issuers on potential mergers and acquisitions d manage mutual funds
Business
1 answer:
ArbitrLikvidat [17]2 years ago
7 0

Investment bankers perform all of the following functions except manage mutual funds.

<h3>Who is an investment banker?</h3>

Investment bankers underwrite securities on a firm commitment (principal) basis; and on a best efforts (agency) basis.

Investment banks also advise companies on mergers, acquisitions, divestitures and spin-offs.

Hence, Investment bankers perform all of the following functions except manage mutual funds.

Learn more about investment banker here : brainly.com/question/12301548

#SPJ1

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