Leveraged funders of all types - investment Banks, private equity funds, hedge funds, and even companies' commercial paper - were parched for liquidity.
各式各样的杠杆投资者-投资银行、私人股票型基金、对冲基金、甚至公司企业的商业票据-都对流动性如饥似渴。
That still leaves one outstanding thorny question: whether the modern trend to stick private Banks together with riskier investment Banks and hedge funds still makes sense.
还有一个非常棘手的问题：现在这种把私人银行与高风险的投资银行和对冲基金合为一体的趋势是否合理。
Indeed, in the late 1990s Credit Suisse was one of the first private Banks to introduce "open architecture", whereby customers were offered rival investment funds as well as its own.
确实，在1990年代后期，瑞士信托是首批引入“开放式结构”的私有银行之一，顾客在这里可以得到它以及它竞争对手的资金。
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