What is the role of investment banks in financial markets?

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What is the role of investment banks in financial markets?

The role of investment banks in financial markets is to facilitate the buying and selling of securities, such as stocks and bonds, on behalf of their clients. They act as intermediaries between buyers and sellers, providing services such as underwriting, advisory, and brokerage. Investment banks also play a crucial role in raising capital for companies through initial public offerings (IPOs) and issuing debt securities. Additionally, they engage in market-making activities, providing liquidity and ensuring smooth functioning of financial markets.