Cross-Selling Lending and Underwriting: Scope Economies and Incentives
نویسندگان
چکیده
منابع مشابه
Cross - Selling Lending and Underwriting : Scope Economies and Incentives ∗
We highlight the implications of combining underwriting services and lending for the choice of underwriters and for competition in the underwriting business. We show that cross-selling can increase underwriters’ incentives, and we explain three phenomena: first, that cross-selling is important for universal banks to enter the investment banking business; second, that cross-selling is particular...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2008
ISSN: 1556-5068
DOI: 10.2139/ssrn.965247