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Big-bank brokers make exit under cloak and dagger
Published Mon, Apr 6, 2015 · 09:50 PM
Pittsburgh
SECRET contracts, covert real-estate deals, scurrying around after nightfall to avoid detection: this is how far big-bank brokers are prepared to go when they plan to go independent.
It's a risky enterprise. If the brokerage learns that someone intends to leave, it often dismisses the broker so the bank can try to retain clients.
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