What type of services does investment banking provide?

Investment banking primarily focuses on providing funding and advisory services for corporations. This includes assisting companies in raising capital through the issuance of stocks and bonds, advising on mergers and acquisitions, and facilitating complex financial transactions. By leveraging expertise in financial markets, investment banks help corporations navigate the intricacies of large-scale financial activities, ensuring they have the necessary resources to achieve their business goals.

Retail banking services for individuals, as indicated in the other options, pertain more to everyday financial services like savings accounts and loans, which are not the domain of investment banking. Additionally, personal loans and savings accounts are characteristic of retail banking rather than the high-stakes financial maneuvers typically associated with investment banks. Likewise, transactional services for local businesses are also part of commercial banking, which is distinct from the corporate-focused approach of investment banking. Thus, the emphasis on funding and advisory services positions investment banking as a crucial player in the broader financial landscape.