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Investment banks help companies and government agencies that sell securities in primary market in order to raise money. They assist public and private corporations in raising funds in the capital market, both by equity and debt and also providing stretegic advisory services for mergers, acquisitions and other types of financial transactions. To brand one particular bank as World Best Investment Bank is rather confusing. Global editors has ranked Merill Lynch as the top-ranked book runner for global equity and equity related issues during the first half of 2005 raising $12 billion in proceeds. With a presence in 28 countries, the firm's investment bank has raised $3 trillion in debt and equity for clients worldwide in the past 10 years. This leads to consider Merill Lynch as the World Best Investment Bank at least during the first half of 2005.
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