Posted in Finance, Accounting and Economics Terms, Total Reads: 427
Definition: Banque D'Affaires
It is a type of French financial services institution that assists individuals, government, corporations in raising capital and also provide advisory services to them in financial matters.
Banque D’Affaires institutions also provide structured finance services and hold assets to earn short term profit. Credit companies took accreditation CECEI and from there they did away with distinction between short and medium term financing. Some business banks take same meaning as investment banking and do same business thus breaking the firewall in them. Such activities resulted in increase in risk taking by some banks thus putting public money to risk.
Banque D’Affaires charge fees for their investment advice to clients and operate as a full service investment banks, and their service offerings are exposed to the risk of their clients and their own proprietary investments.