Question

A(n) ________ bank is an institution, such as Credit Suisse First Boston, that acts as an underwriter or agent for a firm engaged in an initial public offering.

Answer 1

Answer:

Public bank

Explanation:

A public bank is a bank, or a financial institution where a state, municipality would be the owners also it is an entrerprise that are controlled by the government

So as per the given situation the given boston would be acted as an underwriter and engaged in the initial public offering so this represent the public bank

hence, the same would be relevant