‘It’s Revenge of the Banks’ as Private Creditors Lose Their Edge - Bloomberg.com

‘It’s Revenge of the Banks’ as Private Creditors Lose Their Edge - Bloomberg.com
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The head of a giant Wall Street bank was dining with a buy-side rival when the investor casually called banks utilities. What stung most, the CEO thought: It wasnt meant as an insult. But at the end… [+270 chars]

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