“Do not stoke this fire,” warns senior private banker

By | 16 April 2012 | 1 minute read

A veteran private banker warns that encouraging the new risk-on attitude amongst clients could have unsavoury consequences in the long-run. “The dramatic upswing in investor confidence is of course good news for private banks in the short term,” he says, “however most banks are using this as an opportunity to allow clients to lever up and build aggressive positions. This…

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