Description: A legal fight shows the symbiotic relationship between the superwealthy and their money whisperers.

Source: Bloomberg.com

Date: Sep 27, 2020

Link: https://www.bloomberg.com/news/features/2020-09-27/private-banking-lawsuit-shows-relationship-between-ultrarich-and-money-managers?srnd=businessweek-v2

Questions for discussion:

• What does the report say about investment banking risk?
• What do you make of the story?
• What lessons are there to be learned?