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Investment bankers perform all of the following functions except: a purchase securities from issuers on a principal basis b sell securities for issuers on an agency basis c advise issuers on potential mergers and acquisitions d manage mutual funds

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ayokenny2001

Investment bankers perform all of the following functions except manage mutual funds.

Who is an investment banker?

Investment bankers underwrite securities on a firm commitment (principal) basis; and on a best efforts (agency) basis.

Investment banks also advise companies on mergers, acquisitions, divestitures and spin-offs.

Hence, Investment bankers perform all of the following functions except manage mutual funds.

Learn more about investment banker here : https://brainly.com/question/12301548

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