Module III· Capital Markets FundamentalsBasic
Question
What are the main tasks of an investment bank in Capital Markets?
Answer
The bank advises on timing, structure, valuation / pricing, investor targeting, documentation, syndicate strategy, marketing, bookbuilding, allocation, execution risk, and aftermarket support. In ECM, the bank helps position the equity story and demand. In DCM, it helps structure tenor, coupon, covenants, ratings, and investor distribution.