Client money bank: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "{{a|cass|}}A bank which holds client money — a bank account opened in the name of an agent of some kind — a solicitor, broker or some such — who oper..." |
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{{a| | {{a|pb|}}A [[bank]] which holds [[client money]] — a bank account opened in the name of an [[agent]] of some kind — a [[solicitor]], [[broker]] or some such — who operates it as [[trustee]] on behalf of its clients. |
Latest revision as of 16:04, 19 July 2024
Prime Brokerage Anatomy™
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A bank which holds client money — a bank account opened in the name of an agent of some kind — a solicitor, broker or some such — who operates it as trustee on behalf of its clients.