Investment banks, as they are called in the United States, are basically equivalent to securities companies in our country, while in the UK they are called merchant banks. Its business mainly includes securities brokerage, mergers and acquisitions, financial consulting, proprietary securities, securities issuance and trading, asset management and other businesses. It does not mean that it is a fund company.
my country’s Workers’ and Peasants’ Construction. Shenzhen Development Bank, Shanghai Pudong Development Bank, etc. are all commercial banks and do banking business in a general sense.