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US Bancorp venture uses $2.6-trillion running start in bid to become the supermarket-of-fund-supermarkets -- with analysts seeing threat to Pershing and other clearing giants

Using DOL rule as spur, the Minneapolis bank conjoins with hundreds of small IBDs with tantalizing promise of placing them on the same footing as the biggest self-clearing firms

Author Oisin Breen October 17, 2017 at 10:45 PM
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Kelly Lynch: You've got spaghetti going in between the two.

Will Trout

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Lex Sokolin



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