question archive An underwriting syndicate acts as the primary manager of the client relationship consists of one investment banking house shares in the risk and assists in the distribution of securities acts as a distributor only and does not share in risk of the issue
An underwriting syndicate acts as the primary manager of the client relationship consists of one investment banking house shares in the risk and assists in the distribution of securities acts as a distributor only and does not share in risk of the issue
Subject:FinancePrice:2.87 Bought7
An underwriting syndicate
-
acts as the primary manager of the client relationship
-
consists of one investment banking house
-
shares in the risk and assists in the distribution of securities
-
acts as a distributor only and does not share in risk of the issue
Purchase A New Answer
Custom new solution created by our subject matter experts
GET A QUOTE
Answer Preview
Answer:
Option C: shares in the risk and assists in the distribution of securities
--- An underwriting syndicate is formed by a group of Investment Banks when the IPO under consideration is too big for one Bank alone. In this scenario, many banks join to form a syndicate to share the risks and assist in IPO
