Merchant banks are financial institutions that primarily provide services to businesses rather than individual consumers. They specialize in activities such as underwriting, loan syndication, and facilitating mergers and acquisitions. Merchant banks often assist companies in raising capital by issuing stocks or bonds and may also offer advisory services for corporate restructuring. Unlike commercial banks, which focus on deposit-taking and personal loans, merchant banks cater to the needs of corporations and large institutions. They may also engage in investment activities, managing portfolios and providing strategic financial advice to help businesses grow and navigate complex financial landscapes.