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Lots of private banks will do this. You live in “consumer finance” land, and understand its rules. In that world, the banks have most of the power. In “privat
by don_neufeld 2y ago
Lots of private banks will do this.
You live in “consumer finance” land, and understand its rules. In that world, the banks have most of the power.
In “private banking” land, especially at the high end, the client can have a lot of power.
I’m not saying that Tesla, SpaceX, etc might choose their banking relationships, who underwrites their IPOs, etc based on who gave their CEO the best personal deal on the private banking side.
Because that would be wrong.