Bank Tying: Additional Steps Needed to Ensure Effective Enforcement of Tying Prohibitions

[摘要] A letter report issued by the General Accounting Office with an abstract that begins "Investment affiliates of large commercial banks have made competitive inroads in the annual $1.3 trillion debt-underwriting market. Some corporate borrowers and officials from an unaffiliated investment bank have alleged that commercial banks helped their investment affiliates gain market share by illegally tying and underpricing corporate credit. This report discusses these allegations, the available evidence related to the allegations, and federal bank regulatory agencies' efforts to enforce the antitying provisions."

[发布日期] 2003-10-10 [发布机构] United States. General Accounting Office.

[关键词] Government accountability -- United States.;financial markets and institutions;bank tying;letter report