borrower’s decision to apply to the bank for a loan (or not), whether a bank approves the application for a loan (or not) and …

This study examines the effects of mergers between commercial banks and investment banks on firm-bank relationships and … issuance, junk rated firms are more likely to switch lenders to a merged commercial-investment bank when their existing lenders … to switch lenders after their bank merges with an investment bank. Also, when issuing public debt, junk-rated firms and …