Investment bank is a concept relative to commercial banks;
Investment banks mainly do IPO, mergers and acquisitions, asset management and other businesses, while commercial banks mainly do storage and mortgage business; ?
Foreign countries are generally called investment banks, and domestic countries are generally called securities companies (generally called "brokers"), which is one thing in a broad sense;
There are many domestic securities companies, about 70 of which have sponsorship and underwriting licenses, mainly because the CSRC allows them to engage in IPO business;
Other securities companies generally only have economic business licenses, that is, they can only open accounts for others to speculate in stocks. Strictly speaking, they are not investment banks, so it is more appropriate to call them securities companies. ?
The American subprime mortgage crisis triggered a financial storm, and many established investment banks around the world died or died. Some investment banks have integrated commercial banking, so the boundaries have become blurred.
Summary: It can be recommended that an investment bank be listed with a sponsorship and underwriting license, and it is more appropriate to call a securities company. And domestic insiders basically call themselves brokers.