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  "notes": "The table breaks down investments by entity (SBG vs SB Northstar) and type (stocks vs derivatives), mapping them to specific B/S accounts and quarterly P/L gains/losses.",
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      "text": "*1 Fair value of the securities borrowed for short credit transactions. *2 After elimination of intercompany transactions *3 33% of the gain (loss) on investments at SB Northstar *4 Excludes impacts such as selling, general and administrative expenses and tax expenses",
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