firm-commitment

  1. David Harper CFA FRM

    P1.T3.21.2. Investment banks

    Learning outcomes: Describe investment banking financing arrangements including private placement, public offering, best efforts, firm commitment, and Dutch auction approaches. Describe the potential conflicts of interest among commercial banking, securities services, and investment banking...
    • David Harper CFA FRM
    • Thread
    • banking-book best-efforts commercial-banking dutch-auction firm-commitment investment-banking originate-to-distribute-model private-placement public-offering securities-services trading-book
    • Replies: 0
    • Forum: FRM® Practice Questions
  2. Nicole Seaman

    P1.T3.701. Basic bank functions and definitions (Hull)

    Learning objectives: Explain how deposit insurance gives rise to a moral hazard problem. Describe investment banking financing arrangements including private placement, public offering, best efforts, firm commitment, and Dutch auction approaches. Describe the potential conflicts of interest...
    • Nicole Seaman
    • Thread
    • bank-functions banking-book best-efforts commercial-banking deposit-insurance dutch-auction firm-commitment hull investment-banking moral-hazard originate-to-distribute-model private-placement public-offering securities-services trading-book
    • Replies: 0
    • Forum: FRM® Practice Questions
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