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"...However, an increasing number of anglicisms came to enter the technical and colloquial language used in the banking industry. French expressions that had been used previously were now being replaced by English phrases. Regardless of whether this made sense or not remains to be seen, but the banking industry was being "Americanised" in its essence. Business models were being rewritten and English expressions were being incorporated into the jargon..."

Column by Markus Allemann, Head of Private Clients in Basel

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