Corporate And Investment Banks Striving To Sustain Returns
Livewire provides readers access to details and educational content provided by economic services experts and businesses (“Livewire Contributors”). The monetary industry stands to be a key beneficiary of any privatization of US Social Safety, as privatization experiments in Britain and Chile have borne out. Privatized social security accounts would generate possibilities for financial institutions to achieve millions of new accounts, charging for marketing and advertising and management fees. Morgan Stanley has provided financial support for groups advocating the privatization of social security. South Korea’s economic regulator has launched an inspection into short selling of shares by major brokerages and branches...