merchant bank 
noun British
A bank dealing in commercial loans and investment.There were high street banks, building societies, merchant banks and investment banks....
- Zambian exporters have been urged to take advantage of new financial and trading initiatives rather than wait on traditional commercial and merchant banks to adjust their credit policies.
- To strengthen the local financial institutions, a massive merger exercise has been launched to reduce the number of banking institutions to 10 giant banking groups, each with a commercial bank, a finance company and a merchant bank.
Derivatives
merchant banker
- It's hard to believe, but investment bankers, venture capitalists, and merchant bankers have been suffering from low self-esteem over the past few years.
- There were discussions with potential partners aided by merchant bankers.
- This means selling it off to merchant bankers and hedge fund speculators.
merchant banking
- None the less, London remains a major centre of merchant banking.
- Its international activities began with trade in the Persian Gulf in different commodities besides merchant banking.
- A friend of mine working in New York merchant banking said that every major American deal can be traced back to Texas money.