Syndicate voting rules reflect varying levels of trust and familiarity
Tyler Muir finds that neither war nor deep recession darkens investor sentiment like sudden turmoil in the financial system
Data back to 1870 show similarities in the worst banking system shocks — focusing on loose lending before a meltdown
Companies hide from shareholders information about loans — more than likely to appease banks
Some lenders’ balance sheets are less affected by a rising federal funds rate
Their level of technology and services makes up for it; it’s vice versa with little banks
Tax policy change triggers an incentive for lenders to be more aggressive