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Want Deposits? It Will Cost You

Financial services companies learn not to put all of their eggs in one basket amid securitization's downturn


By Aleksandrs Rozens

June 26, 2009

Credit markets may have thawed but some venues of the financial markets remain clogged, so financial services firms have come to rely more what some may see as a quaint George-Bailey-of-Bedford Falls-era method of luring capital: offering high rates for deposits.

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