⚡IMPACT LEVEL 3 — NOTEWORTHY
Epstein File EFTA00889933: Jes Staley, Peter Mandelson and Client (DS9)
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Email correspondence dated March 30, 2010, between Jes Staley and Peter Mandelson discussing client investment products, asset management, and securities transactions. The document contains references to client holdings, hedging strategies, and legal privilege assertions related to financial advisory matters.
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in **client** demand from traditional to alternative investment products.
Excerpt 2
Prohibiting bank ownership of asset managers is unnecessary and eliminates a source of prudent diversification for
**client** holdings and long-term profit
Excerpt 3
**Client** transactions frequently require long duration hedges or hedges that can only approximate underlying positions.
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