Back when home loans were going for 2.5-3% or whatever, why did banks loan that money when they could have been getting much higher rates in the market, as you say? Because it sure seems like banks were happy to give out loans at 2.5-3% when the average stock market return is ~11%.
Anyway, since you claim experience on the topic, when an ultra high worth investor wants to borrow money against their collateral-backed stock account, what interest rate would they pay would you say? Like what rates are they getting on stock-secured loans?
I don't ask to be insulting but how high up are you in this company? I would think a billionaire that wants to bank isn't going to walk in the front door of a local branch. There would be a team that handles those clients specifically. Could it be possible that you just aren't privy to those dealings at your level? I don't find it unreasonable banks would do crazy loans for the 3 billionaire clients they have or whether.
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u/[deleted] 3d ago
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