depends upon satisfactory instruments to permit low risk, low cost international remittances. The solution to both problems …

competition between underwriters, but also by the tight regulation of underwriting, which ensured thequality of all firms on the … for underwriters was dominated by a small oligopoly of six large banks, there was still perceptible competition, which …, although the German IPO business was in the hands of a small oligopoly, investors did not benefit from the lack of competition …

competition between underwriters, but also by the tight regulation of underwriting, which ensured the quality of all firms on the … for underwriters was dominated by a small oligopoly of six large banks, there was still perceptible competition, which …, although the German IPO business was in the hands of a small oligopoly, investors did not benefit from the lack of competition …