All posts in " Ancient Merchant Banking "
Share

Fed Seeks to Prohibit Companies from Merchant Banking to Promote Lending

By admin / September 22, 2016

The Federal Reserve wants to take away the ability of Goldman Sachs and other banks to invest in companies rather than acting as bankers and lending. The U.S. banking regulators are urging Congress to prohibit merchant banking where firms buy stakes in companies rather than lend them money. They are pushing for limits on Wall Street’s ownership […]