Which of the following is NOT a typical function of an investment bank?

In the context of investment banking, the primary functions are geared towards supporting large-scale financial activities, such as underwriting new securities, advising on mergers and acquisitions, and facilitating public offerings. These activities are centered around capital markets, corporate finance, and client advisory services that typically involve businesses and institutional investors rather than individual consumer financing.

Providing personal loans to individuals does not align with the core operations of an investment bank. Personal loans are typically the domain of retail banks, which focus on individual customers and offer a range of financial products like checking accounts, savings accounts, and consumer loans. Investment banks operate at a different level, dealing primarily with corporate clients and large investment opportunities rather than direct consumer lending. This distinction clarifies why personal loans do not fit within the typical functions of an investment bank.