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"all these banks owning each others": Which other banks? This is fairly unusual as the capital treatment of equity ownership is very punitive. Banks shareholder
by cm2187 4y ago
"all these banks owning each others": Which other banks? This is fairly unusual as the capital treatment of equity ownership is very punitive. Banks shareholders typically aren't banks.
- jacquesm 4y agoThat quote isn't what I wrote. And the relevant bank is mentioned just prior to the bit you quoted. And now they have a new shareholder: UBS. Which is also a bank.