A group formed by an investment banker to share the financial risk associated with underwriting new securities is called a(n) ________. A. underwriting syndicate B. selling group C. broker pool D. investment banking consortium
A group formed by an investment banker to share the financial risk associated with underwriting new securities is called a(n) ________. A. underwriting syndicate B. selling group C. broker pool D. investment banking consortium
It is temporary group of the investment banks & broker-dealers who has came together for selling new offerings for the equity or the debt securities to the investors.
