Bank Tying: Additional Steps Needed to Ensure Effective Enforcement of Tying Prohibitions;Report to the Congress

摘要

Investment affiliates of large commercial banks have made competitive inroads in the annual ;1.3 trillion debt-underwriting market. Some corporate borrowers and officials from an unaffiliated investment bank have alleged that commercial banks helped their investment affiliates gain market share by illegally tying and under pricing corporate credit. This report discusses these allegations, the available evidence related to the allegations, and federal bank regulatory agencies' efforts to enforce the anti-tying provisions.