Accessible Version
On the Benefits of Universal Banks: Concurrent Lending and Corporate Bond Underwriting Accessible Data
Figure 1: Multinomial Logit Results
| Bank 1 | Bank 2 | Bank 3 | Bank 4 | |
|---|---|---|---|---|
| No concurrent relationship | 0.159 | 0.128 | 0.090 | 0.105 |
| Concurrent relationship | 0.267 | 0.219 | 0.159 | 0.184 |
Source: FISD Mergent and FR Y-15.
Figure 2: Multinomial Logit Results, by Investment Grade
| Bank 1 | Bank 2 | Bank 3 | Bank 4 | |
|---|---|---|---|---|
| Investment Grade Firms, no concurrent relationship | 0.151 | 0.124 | 0.084 | 0.087 |
| Investment Grade Firms, concurrent relationship | 0.237 | 0.198 | 0.138 | 0.142 |
| Noninvestment Grade Firms, no concurrent relationship | 0.167 | 0.128 | 0.099 | 0.152 |
| Noninvestment Grade Firms, concurrent relationship | 0.327 | 0.262 | 0.210 | 0.303 |
Source: FISD Mergent and FR Y-15.
Last Update:
April 05, 2018