Houston: The Banks Have A Huge Problem
Apr 15th 2020 3:25pm EDT
Houston: The Banks Have A Huge Problem For many years after the financial crisis, US commercial banks were mocked when instead of generating earnings the old-fashioned way, by collecting the interest arb on loans they had made, or even by frontrunning the Fed with their prop (and flow) trading desks, they would “earn” their way […]
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