Surveillance: Subramanian Lifts S&P 500 Target
Bloomberg Surveillance
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The Importance of a Global Bank
I think the banking industry broadly is extremely liquid and will remain liquid even after we go through a period of quantitative tightening or whatever. The best thing that happens to our business is we keep trade levels very high, which is what they have. But China is accelerating its pace of opening up, opening up its capital markets and for a bank that's structurally a connector, that's a good thing. I'm sure Santa Tropper will be fine.
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