Regional Investment Bank
Definition - What does Regional Investment Bank mean?
Divestopedia explains Regional Investment Bank
Pros of engaging a regional investment bank: Regional investment banks provide similar service of a boutique firm, but can also offer comparable resources and deep industry knowledge of a bulge bracket investment bank.
Cons: Fees charged by regional investment banks will typically be higher than boutique investment banks due to higher overhead costs in these firms. In some instance, deals that are smaller or lesser in profile may receive a lower level of attention as lead dealmakers are occupied with larger transactions.