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

Example Sentences

Recent Examples on the Web

After months of speculation and soaring share prices, initial offers had to be presented to merchant bank Raine Group, which is handling the sale of one of the most famous soccer teams in the world. —James Robson, ajc, 18 Feb. 2023

His merchant bank, Mercator, was a critical go-between for Western energy companies eager to exploit Kazakhstan’s vast, largely untapped oil fields. —Clay Risen, New York Times, 4 Nov. 2022

The Pritzker Organization, the merchant bank for the business interests of billionaire hotelier Tom Pritzker, agreed to partner with Red Dog. —Miriam Gottfried, WSJ, 20 Aug. 2022

Novogratz, chief executive of crypto merchant bank Galaxy Digital, gave the interview just before the Federal Reserve raised rates by 0.75 percentage points—the largest rate hike seen since 1994. —Sophie Mellor, Fortune, 16 June 2022

Other investors include Dawn Capital LLP and units of Commerzbank AG and Galaxy Digital Holdings Ltd., the crypto merchant bank headed by billionaire Michael Novogratz, Elwood said in a statement. —Fortune, 15 May 2022

Moonbug has raised $265 million from investors including Felix Capital, Goldman Sachs Group Inc. and merchant bank Raine Group, which owns a majority stake, one of the people said. —Benjamin Mullin, WSJ, 18 Oct. 2021

Ian Fleming's grandfather had founded Robert Fleming & Co., a Scottish merchant bank in the 19th century. —Ollie A Williams, Forbes, 30 Sep. 2021

Sam Thompson is senior director at ProgressPartners, a full-service merchant bank providing M&A, capital raise, and SPAC advisory expertise for emerging tech and media companies. —Sam Thompson, Fortune, 13 Oct. 2021

See More

Word History

First Known Use

1620, in the meaning defined above