Topic
Capital Markets
2 articles
Guide
How Underwriting Works: IPOs, Follow-Ons and Bond Deals
How underwriting works: the roles of underwriters, firm commitment and best efforts deals, bookbuilding, fees, stabilization, and the rules behind each step.
Guide
What Investment Banks Do: Advisory, Underwriting and Trading
What investment banks do: advising on mergers, underwriting securities, running trading and research, and the SEC, FINRA and Fed rules that frame the work.