Banque D'Affaires

What Does It Mean?
What Does Banque D'Affaires Mean?
A type of French financial institution that resembles a merchant bank. Banques d'affaires typically specialize in providing financing for organizations and also advising corporations on the best course of action in certain financial matters.  

Investopedia Says
Investopedia explains Banque D'Affaires
Banques d'affaires may conduct structured-finance activities with their own resources. Interestingly, banques d'affaires do not tend to hold the assets for prolonged periods of time, because the assets tend to be sold off to investors for a subsequent profit. Therefore, the organization is exposed to the risk that the market may not be conducive to the offering.
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