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Outside firms can enhance deals by providing needed due diligence
- Source :
- American Banker. Nov 24, 1993, Vol. 158 Issue 225, p22, 2 p.
- Publication Year :
- 1993
-
Abstract
- Banks can use the services of due-diligence investigators to reduce the risks of financing commitments. Bank requests for track record examinations and pre-closing background checks by third party vendors have increased in the 1990s. The recession has taught many financial institutions and banks an important lesson in examining the historical performance and stability of prospective financing candidates.<br />Many of us in the investigative due-diligence profession have seen a considerable increase in requests for pre-closing background and track record examinations by banking and investment organizations. Previously, they had [...]
Details
- ISSN :
- 00027561
- Volume :
- 158
- Issue :
- 225
- Database :
- Gale General OneFile
- Journal :
- American Banker
- Publication Type :
- Periodical
- Accession number :
- edsgcl.14584278