Banks Are Giving the Ultra-Rich Cheap Loans to Fund Their Lifestyle

July 23, 2021 by Bloomberg News | | Share This (Bloomberg) — Billionaire hedge fund manager Alan Howard paid $59 million for a Manhattan townhouse in March. Just two months later he obtained a $30 million mortgage from Citigroup Inc. Denis Sverdlov, worth $6.1 billion thanks to his shares in electric-vehicle maker Arrival, recently pledged part […]

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