Gadanecz, Blaise; Tsatsarōnēs, Kōstas; Altunbaş, Yener - Bank für Internationalen Zahlungsausgleich <Basel> - 2008
Banks that enjoyed generous external financial support tended to under-price risk in theinternational syndicated loan market and did not show signs of innovation in their loanparticipations. Loans arranged by such banks had on average lower spreads (controlling forrisk and other characteristics)...