Lead Bank
Definition of 'Lead Bank'A bank that oversees the arrangement of a loan syndication. The lead bank is paid an additional fee for this service, which involves recruiting the members and negotiating the financing terms. In the eurobond market, the lead bank acts in an agent capacity for an underwriting syndicate. |
|
Investopedia explains 'Lead Bank'"Lead bank" can also refer to an investment bank that manages the process of underwriting a security. In this sense, the bank can also be referred to as a lead manager or managing underwriter.A third meaning of this term is simply the primary bank of an organization that uses several banks for several different purposes. |
Related Definitions
Articles Of Interest
-
Wanna Be A Bigwig? Try Investment Banking
A career in this high-stress field can be very rewarding for the right person. Find out if you have what it takes. -
The Roles Of Traders And Investors In The Marketplace
Discover how these two groups work together to keep the market functioning properly. -
The Rise Of The Modern Investment Bank
Get to know a little bit about the institutions whose actions help to guide free markets. -
What Was The Glass-Steagall Act?
Established in 1933 and repealed in 1999, the Glass-Steagall Act had good intentions but mixed results. -
What does the 'FIG' at an investment bank refer to?
The 'FIG' at an investment bank usually refers to the financial institutions group - a group of professionals that provides investment banking and merger and acquisition expertise to financial ... -
How is something "brought over the wall" in an investment bank?
An analyst who lends his or her expertise to an underwriting department is said to have been "brought over the wall". In financial firms, the separation between the investment analyst and the ... -
What Is Private Equity?
This investment vehicle attracts wealthy investors to increase the value of portfolio companies. -
Why Companies Stay Private
Many private companies prefer to stay private and find alternate sources of capital. Find out what firms have to gain by eschewing the windfall from a flashy IPO. -
Uncommon Jobs For Your Finance Degree
Not everyone can land the glamour jobs, but the world of finance has a lot more to offer. Here are some uncommon jobs in finance that you might want to consider. -
Financial Careers According To Hollywood
Find out if classic films about Wall Street reflect what it's actually like to work there.
Free Annual Reports