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Joint written testimony before the Congressional Oversight Panel, Washington, D.C.
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area, unlike some areas of investment banking, commercial banks have always been allowed to compete directly with … area, unlike some areas of investment banking, commercial banks have always been allowed to compete directly with … returns for bank advisors when they advise their own loan customers in acquiring other firms. -- Relationship banking …
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-taking incentive prevailed during 1986-92, a period characterized by serious banking problems and financial turmoil. We find that …
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was thus an effective public policy tool, at least banking sector. …
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