The dynamics of responsibility in corporate and wholesale finance

The paper examines the traditional function of commercial banks as financial intermediaries between deficit and surplus sectors. Fundamental to this function has been the assumption that banks can intermediate at lower costs than those prevailing with direct financing arrangements, but developments...

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Bibliographic Details

Main Author:	Barry Howcroft
Format:	Default Report
Published:	1997
Subjects:	Other commerce, management, tourism and services not elsewhere classified untagged Business and Management not elsewhere classified
Online Access:	https://hdl.handle.net/2134/25165
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