The latter—today's investment banks—underwrite stocks and bonds and advise companies on mergers and acquisitions, rather than collect deposits and make loans.
后者即今天的投资银行，它承销股票和债券，并就企业合并和收购事宜为公司提供咨询服务，而不经营存、贷款业务。
The M&A loans of Commercial bank is the cash that commercial bank provides for the payment of mergers and acquisitions.
商业银行并购贷款是指商业银行为企业并购交易提供的用于支付并购交易现金对价的贷款资金。
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