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A Model of the Demand for Investment Banking Advising and Distribution Services for New Issues [PDF]

open access: possibleJournal of Finance, 1982
ABSTRACTThis paper presents a theory of the demand for investment banking advising and distribution services for the case in which the investment banker is better informed about the capital market than is the issuer, and the issuer cannot observe the distribution effort expended by the banker.
exaly   +5 more sources

A European banking business models analysis: the investment services case

Journal of Financial Regulation and Compliance, 2018
PurposeBusiness Model Analysis is acquiring increasing visibility in the European banking regulatory framework, following the European Banking Authority guidelines on common procedures and methodologies for the supervisory review and evaluation process (SREP), developed to assess business and strategic risks (EBA, 2014, 2015a, 2015b, 2015c).
Musile Tanzi Paola   +2 more
exaly   +4 more sources

Are investment banks special too? Evidence on relationship‐specific capital in investment bank services

Journal of Applied Corporate Finance, 2012
The question of whether optimal provision of these services comes mainly from established relationships between banks and client firms or can result from arms'‐length market transactions has been the topic of considerable recent debate. This discussion has paralleled the debate in the commercial banking literature on the “specialness” of banks and ...
Chitru S. Fernando   +2 more
openaire   +2 more sources

Outsourcing information services in investment banking

Business Information Review, 2005
This article draws on the experiences gained by the investment banking industry in outsourcing to describe the process of outsourcing and offshoring business information research and assess the advantages and drawbacks of the process with particular reference to continuing concerns about confidentiality, quality of work, and the need to maintain good ...
openaire   +1 more source

Information services in investment banking: their evolution and future

Business Information Review, 2002
The information services developed to serve the needs of financial services and investment banking information users have evolved rapidly in recent years as the way in which such information is used has changed. Users want to take content from a variety of sources, combine and integrate it into their own working tools and portals and not be constrained
openaire   +1 more source

Innovation in Services: The Dynamics of Control Systems in Investment Banking

2000
This chapter has the following aims. First, to show that a pattern of innovation in a number of service sectors can be conceptualised within a slightly modified version of Chandler’s’ scale and Scope’ framework. The second aim is to show how twentieth century service firms that process and authenticate information differ from manufacturing firms in the
Paul Nightingale, Rob Poll
openaire   +1 more source

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