The Archegos fiasco is latest reminder how superrich love leverage. 10% of world’s wealthiest have

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The Archegos fiasco is latest reminder how superrich love leverage. 10% of world’s wealthiest have pledged shares. Banks risk losses when clients default. At aggregate level neither bank nor overall leverage appear to be acute source of concern, JPM says. h/t Holger Zschaepitz

The Archegos fiasco is latest reminder how superrich love leverage. 10% of world’s wealthiest have

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