Epstein File EFTA01746531: Forced (DS10)

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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01746531: Forced (DS10)

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This document discusses the impact of zero interest rate policy (ZIRP) on banking operations, noting that the policy has forced banks to reduce fees for institutional clients and has compressed lending and investment margins that represent 20% of revenue.

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ZIRP has **forced** the bank to cut fees for institutional clients, and has also slimmed lending and investment margins, which account for 20% of revenue.