American Banker: “Do Banks Trade Stocks on Information from Their Loan Desks?”

In an op-ed, Pace professor Aron Gottesman writes about a recently published paper that he coauthored with Professors Linda Allen and Lin Peng of Baruch College. The researchers provide evidence that lead arrangers of syndicated loans that are also market makers for the borrower’s stock reuse information obtained in one market to benefit in the other market.

In an op-ed, Pace professor Aron Gottesman writes about a recently published paper that he coauthored with Professors Linda Allen and Lin Peng of Baruch College. They provide evidence that lead arrangers of syndicated loans that are also market makers for the borrower’s stock reuse information obtained in one market to benefit in the other market.

Read the op-ed by Professor Gottesman on BankThink.

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