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Lead Bank

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Lead bank
A senior bank involved in the negotiations for a project financing.

Lead Bank
An investment bank responsible for underwriting an issue of securities. The term is especially applied to an investment bank managing several investment banks in underwriting a project. The lead bank usually charges a larger fee for its services than other banks.


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Under these new guidelines, I have found a few lead banks that are willing and able to undertake these transactions and team up with other similar lenders.
Once this is completed, the lead bank would then act as the account custodian and, through the CDARS program it would spread the deposit to over 11 FDIC-insured institutions, making sure that each has less than $100,000.
The lead bank also establishes the bracket amounts, indicating, for instance, that it seeks interests in amounts of $10, $25, or $50 million.
 
 
 
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