Definition

Noun: A banker who specializes in raising capital for companies, governments, or other entities, primarily through the process of underwriting new securities (like stocks and bonds). Their core function is to act as an intermediary between issuers of securities and the investing public.

Usage

The term "investment banker" refers to the professional role or the person in that role. It is used to describe individuals or the function within a financial institution. - An investment banker advises a company on its merger. - She works as an investment banker at a large Wall Street firm. - The company hired an investment banker to manage its initial public offering (IPO).

Examples

• The investment banker structured the bond issuance for the city's new infrastructure project.
• After graduating, he pursued a career as an investment banker.
• The investment banker's analysis was crucial for determining the offering price of the new stock.

Advanced Usage

• "To go into investment banking": This phrase describes the act of starting a career in this field.
  • After business school, she decided to go into investment banking.
• The role is often associated with specific financial activities like mergers and acquisitions (M&A) advisory and underwriting.

Variants and Related Words

• Investment banking (n): The industry or department that provides the services performed by investment bankers.
  • He works in the investment banking division of the firm.
• Underwriter (n): A specific role within investment banking focused on assuming the risk of buying new securities from the issuer and selling them to the public.
  • The lead underwriter set the final terms for the share sale.

Synonyms

• Financier: A person concerned with the management of large amounts of money on behalf of governments, companies, or other entities.
• Banker: A more general term for a person who manages or owns a bank or is a senior executive in a bank.

Related Phrases

• "To underwrite a security": The core activity of guaranteeing to purchase all unsold shares or bonds from an issuer, which is a primary function of an investment banker.
  • The syndicate of banks agreed to underwrite the security offering.

Noun

1. a banker who deals chiefly in underwriting new securities