Universal banks are banks that can do bott: investments and commercial banking. | Universal banks are banks that can do both (investments and commercial). They're definitely less risky that Investment houses, but arguably safer than either since they're more diversified. These were illegal in the U.S. under Glass-Steagall, but allowed in the rest of the world. |
~ Aristotle Sabouni
Created: 2022-03-11
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Terms
We need to agree on what terms mean. This used to be easy, before SJW's/Marxists started Orwelling our language.
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Financial Terms
These are a bunch of financial terms (concepts really), that you can scan to get familiar with the jargon and ideas.
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🔗 Links
https://mises.org/library/separation-commercial-and-investment-banking-morgans-vs-rockefellers
Tags: Terms Financial Terms
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