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Private Banking: Shrinking Margins, Stagnating Client Base | Hungarian Chamber of Commerce

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Private Banking: Shrinking Margins, Stagnating Client Base

Author: HA | February 16. 2015.

bbj.hu / Gabriella Lovas (The article is from the February 13-26 print edition of the Budapest Business Journal)

While the 2008 financial crisis questioned the justification for structured products globally, the recent decision of the Swiss National Bank to scrap the euro peg has revealed risks - not previously perceived by domestic investors - for the entire Hungarian market of derivative funds, according to Blochamps Capital CEO István Karagich.