Wealth and Asset Management
Wall Street doubles down on lending ‘cheap money’ to the rich
The lending businesses of large US banks are doubling down on wealthier customers, as well-to-do Americans borrow to buy second homes, invest in the stock market and potentially lighten their tax bills. The combined value of loans made by the wealth management arms of JPMorgan Chase, Bank of America, Citigroup…
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Click here to read the full story: Financial Times