Definition of merchant banking in English:

merchant banking

noun

British
  • See merchant bank

    • ‘A friend of mine working in New York merchant banking said that every major American deal can be traced back to Texas money.’
    • ‘He still went on to win a cricket Blue at Cambridge, but merchant banking rather than cricket was to be his initial profession.’
    • ‘He then spent the following three years working in journalism and merchant banking.’
    • ‘Its international activities began with trade in the Persian Gulf in different commodities besides merchant banking.’
    • ‘None the less, London remains a major centre of merchant banking.’