Merchant Bankers

are large corporations, generally from northern Italy (Genoa, Milan, etc.), who developed banking as a result of their mercantile investments. They do not pawn, but they lend money against collateral. The main difference is that the borrowers can continue to use their collateral until they fail to pay the interest, or to pay it back when the loan is due, whereupon the collateral is seized from them.
Here you will find essays on Borrowing Money Borrowing Money and the Money You Never See, as well as a summary of the Complete Landholding System, embedded in the Winter Phase procedure.
They also provide Money changing and Deposit Banking services (see below). Merchant Bankers may also take in money from someone and later return it with a small fee for the use of the cash. This fee is generally about 10% paid to the lender. Thus, it is a method for moneyed people to make money. This is unknightly.

Type

Corporation, Financial