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Banks share the wealth as ESG changes mindset

A flag flies outside the Deutsche Bank headquarters on Wall Street in Lower Manhattan in New York on Monday, October 17, 2016. Deutsche Bank has appointed Tom Patrick as its new CEO of its Americas division, the third in less than 18 months. (Photo by Ric

By paying fees to diversity and inclusion firms, big banks from Bank of America to Deutsche are changing the status quo in US bond markets, while a new-style M&A firm is also blazing a trail. Will Europe follow suit?

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