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Know Your Customer: Informed Trading by Banks

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NBER2022-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w30521
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资源简介:
This study analyzes information production and trading behavior of banks with lending relationships. We combine trade-by-trade supervisory data and credit-registry data to examine banks' proprietary trading in borrower stocks around a large number of corporate events. We find that relationship banks
创建时间:
2022-10-01
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