Question

Colbert Blanc is a financial intermediary that helps firms raise their capital by facilitating the firms in issuing new securities and making sure that the securities are sold out in the market. In this scenario, Colbert Blanc is a(n) _____.

Answer 1

Answer:Colbert Blanc is an Investment Bank.

Step-by-step explanation:

Definition of Investment Bank

Definition: Investment bank is a financial institution which assist investors or organisation to increase their capital by supplying them with financial assistance using consultation.

They act as an intermediary between those who issue securities and investors and assist those who are starting their businesses as new entrepreneurs .

They improve the efficiency of the business operations by finding available risks which may result from the business doing a particular project , they identify these risks before the company does that project.

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