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Author:Avery, H.
Title:When the ultra-wealthy bump into the sub-prime
Journal:Euromoney
2008 : JAN, VOL. 39:465, p. 144-150
Index terms:investment banks
private banks
chief executive officers
Language:eng
Abstract:Private banks attached to investment banks have benefited from the access to balance sheet and innovative products provided by the relationship. But with Wall Street suffering dramatic losses as a result of sub-prime mortgage exposure, will that relationship be the private banks' downfall?
SCIMA record nr: 268019
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