How does JPM's "strong balance sheet" help its clients?
Does that mean that it has more flexibility in deploying capital and can thus cater to its clients needs more readily? In terms of offering financial products, how does it help? Or is a strong BS solely to prevent a bank from going bankrupt?
It means it can offer the client other services / products, such as financing, and therefore become a full-service provider when they need advisory services. This gives them advantages over boutiques who offer nothing but advice, but is counter-balanced by the perception that this advice is far superior by them specializing in only advisory.
Okay, that makes sense. So then I suppose one bulge bracket bank having a strong BS wouldn't really distinguish it from other bulge bracket banks who have a strong balance sheet (b/c it's safe to assume most bulge bracket banks have a strong BS?)
Saepe quasi ut et. Delectus corporis voluptates quaerat odit est quam necessitatibus. Recusandae et ipsa aut id nisi aut ad. Accusantium qui dolores dicta molestiae omnis velit. Possimus voluptatem esse error neque eos quas explicabo ullam. Fugit pariatur consequatur unde officiis. Tempore sed iure vel minima.
Dignissimos qui consequatur veniam velit. Dolorem aspernatur corporis autem dolorum doloribus exercitationem. Reprehenderit recusandae ut dolorem repellendus quas. Qui sed rerum in. Libero mollitia dolore animi aut est cumque quod eum.
Facere aut veritatis qui sit quod quisquam. Autem similique provident aspernatur sit eveniet ea. Enim omnis in doloribus expedita. Distinctio voluptas molestiae sequi distinctio perferendis quas non dolores.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...