On the Benefits of Universal Banks: Concurrent Lending and Corporate Bond Underwriting
Elliot Anenberg,
Maggie Church,
Serafin J. Grundl and
You Suk Kim
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Elliot Anenberg: https://www.federalreserve.gov/econres/elliot-anenberg.htm
Serafin J. Grundl: https://www.federalreserve.gov/econres/serafin-j-grundl.htm
You Suk Kim: https://www.federalreserve.gov/econres/you-suk-kim.htm
No 2018-04-05, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)
Abstract:
In this note, we explore whether "universal banks" provide value to firms through their ability to provide both lending and underwriting services.
Date: 2018-04-05
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2018-04-05
DOI: 10.17016/2380-7172.2143
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