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Bank/Credit Institution: Difference between revisions
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{{ | {{a|netting|}}One of {{t|ISDA}}’s vaunted {{tag|netting}} categories. | ||
{{quote|{{bankcreditinstitution}}}} | |||
===Integrated [[broker-dealer]]s in; standalone [[broker-dealer]]s out=== | ===Integrated [[broker-dealer]]s in; standalone [[broker-dealer]]s out=== | ||
If your bank includes a [[broker-dealer]], or investment bank, within the same legal entity as a deposit taking institution — like UBS AG or Barclays Bank PLC does, for example — you are a [[Bank/Credit Institution]]. If you are a specialised [[broker-dealer]] or [[investment bank]] without its own built-in deposit-taking bank — like Goldman Sachs International — you are an [[Investment Firm/Broker-Dealer]]. | If your bank includes a [[broker-dealer]], or investment bank, within the same legal entity as a deposit taking institution — like UBS AG or Barclays Bank PLC does, for example — you are a [[Bank/Credit Institution]]. If you are a specialised [[broker-dealer]] or [[investment bank]] without its own built-in deposit-taking bank — like Goldman Sachs International — you are an [[Investment Firm/Broker-Dealer]]. | ||