On the Benefits of Universal Banks: Concurrent Lending and Corporate Bond Underwriting
Posted: 6 Jun 2018 Last revised: 24 Sep 2020
Date Written: April, 2018
Abstract
In this note, we explore whether "universal banks" provide value to firms through their ability to provide both lending and underwriting services.
Suggested Citation: Suggested Citation
Anenberg, Elliot and Church, Maggie and Grundl, Serafin and Kim, You, On the Benefits of Universal Banks: Concurrent Lending and Corporate Bond Underwriting (April, 2018). FEDS Notes No. 2018-04-05, Available at SSRN: https://ssrn.com/abstract=3339318 or http://dx.doi.org/10.17016/2380-7172.2143
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