syndicate manager

syndicate manager definition - finance
A bank that works with a company to bring a new stock or debt issue to market and files the necessary paperwork with the Securities and Exchange Commission. The manager also creates a group of other banks that will take some of the new issue in order to spread the risk.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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