“Yes, but without wanting to sound arrogant, the difference is that we can”
One banker does just that in explaining why his firm asks for ancillary business
“Banks now want to earn fees from borrowers but won’t hold the loans. They want to put them into in-house private credit funds. I don’t know. It almost feels like there could be a conflict of interest there”
The irony drips heavy from this ex-banker turned direct lender
“I am not as big fan of XXXX.
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