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When engaging into a business relationship with an investment bank, it is crucial to have a clear understanding of the terms and conditions that will govern the engagement. One of the key documents that will outline these terms is the investment banking engagement letter. In this article, we will discuss what an engagement letter is, why it is important, and what key elements should be included in it. What is an Investment Banking Engagement Letter? An investment banking engagement letter is a formal agreement between a company and an investment ban
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