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This is one indirect way the GSIBs benefit if the equity prices are reduced to their Fed mandated -55% hedge level... wipes out the ankle biting competitors ...Credit Suisse is experiencing an exodus of bankers following its .5 billion hit from Archegos https://t.co/oGEfo2CDgr— WSJ Markets (@WSJmarkets) May 18, 2021
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This is one indirect way the GSIBs benefit if the equity prices are reduced to their Fed mandated -55% hedge level... wipes out the ankle biting competitors ...Credit Suisse is experiencing an exodus of bankers following its .5 billion hit from Archegos https://t.co/oGEfo2CDgr— WSJ Markets (@WSJmarkets) May 18, 2021
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Mike Norman considers the following as important:
This could be interesting, too:
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This is one indirect way the GSIBs benefit if the equity prices are reduced to their Fed mandated -55% hedge level... wipes out the ankle biting competitors ...
Credit Suisse is experiencing an exodus of bankers following its $5.5 billion hit from Archegos https://t.co/oGEfo2CDgr
— WSJ Markets (@WSJmarkets) May 18, 2021