Epstein File EFTA02428020: Jes Staley, Peter Mandelson and Client (DS11)

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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA02428020: Jes Staley, Peter Mandelson and Client (DS11)

CorrespondenceDate unavailableEFTA024280201 keyword hits

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Email correspondence dated March 30, 2010, between Jes Staley and Peter Mandelson discussing commercial banking, asset management, fiduciary roles, and client asset holdings. The document addresses bank ownership of asset managers, client transaction hedging strategies, and includes standard legal disclaimers regarding confidentiality and legal privilege.

👤 Named in This Document

Jes Staley Peter Mandelson

🔑 Evidence Keywords

client privilege BlackBerry asset

📋 Key Excerpts8

PersonKeyword

Excerpt 1

Commercial Banks have been managing **client** assets for over 100 years and this fiduciary role has withstood both time and evolutionary change in **client**

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.