types of merchant bank:

Full service Bank offering the public most, if not all, of the services traditionally expected of banking
institutions. Services typically found in full service banks include consumer credit, mortgage financing, commercial lending, trust services, and corporate agency services, such as funds transfer and securities registration

regional bank Definition A bank that operates in one region of a country, as opposed to a money center bank, which operates nationally and globally.

A regional bank is a depository institution, i.e. a bank, savings and loan, or credit union, which is larger than a community bank, which operates below the state level, but smaller than a money center bank, which operates either nationally or internationally. A regional bank is one that operates in one region of a country, such as a state or within a group of states. The definition of what constitutes a regional bank is not precise. They generally provide, with some limitations, the same services as larger banks, such as deposits; loans, leases, mortgages, and credit cards; ATM networks; securities brokerage; investment banking; insurance sales; and mutual funds and pension fundsmanagement The term is often used in stock trading, when referring to investing in different bank types, usually referred to as regional bank ETF's (exchange-traded funds).

Boutique investment bank

A boutique investment bank is a small investment bank that specializes in primarily investment banking. Usually they work on smaller deals, typically less than a billion dollars, and usually assist on the sell-side in M&A transactions. In addition they sometimes specialize in certain industries like media, healthcare, industrials, technology or energy. Some banks may specialize in certain types of transactions or preferred underwriting. Typically, boutique investment banks have one, two, or three offices and may specialize in advisory services for certain geographic regions. Working at boutique investment banks can be very different than working at larger banks, even though the majority of boutiques are founded and led by former partners at large banks.