The Rich Can't Sell Their Art, So They're Borrowing Against It

What You Need To Know

• As the art-lending market expands, Wall Street's biggest firms are adding staff and marketing the service to new and existing clients.
• Big banks want to broaden their work in the art market to bring on and retain some of the world's wealthiest individuals and families.
• The larger the collection, the more flexibility there is for the borrowers.