merchant bank

noun

chiefly British

: a bank that specializes in bankers' acceptances and in underwriting or syndicating equity or bond issues

merchant banker noun

merchant banking noun

Examples of merchant bank in a Sentence

Recent Examples on the Web

Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.

Founded as a merchant bank in 1935 by Ee Cheong’s grandfather, Wee Kheng Chiang, UOB has transformed itself from a single Singapore branch to a regional banking powerhouse with S$524 billion ($402 billion) in assets as of December 2023. —

Jonathan Burgos, Forbes, 8 Oct. 2024 In 2008, when JPMorgan Chase rescued Bear Stearns and bought the failing investment bank, terms of that deal limited the merchant bank’s ability to continue to invest in Churchill. —

Luisa Beltran, Fortune, 1 Oct. 2024 Fast-forward to today, and the Canadian businessman who founded merchant bank Forbes & Manhattan is returning the architectural residence to the market with a hefty $39.5 million ask. —

Wendy Bowman, Robb Report, 6 Sep. 2024 Scenic Advisement, a merchant bank, appointed Katie Boord as chief operating officer. —

Will Daniel, Fortune, 16 Aug. 2024 See all Example Sentences for merchant bank

Word History

First Known Use

1620, in the meaning defined above

Time Traveler

The first known use of merchant bank was in 1620

See more words from the same year

Cite this Entry

Style

“Merchant bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/merchant%20bank. Accessed 21 Nov. 2024.

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