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Surveillance: Tech Appetite with Young

Bloomberg Surveillance

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The European Banks and the Goliath

The European banks have woefully lagged the US banks. Some of this is structural after the global financial crisis, says Mr Ermadi. And some of this is simply cultural, which he lived through at a bank in Europe. We're discerning choice of clients and know your customer is banking 101,. But there might be more restrictions on which clients you're allowed to take.

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