What does a balance sheet bank mean and what line item on their BS represents this?
Sorry for the dumb question, just something I was wondering about. I've seen a lot of comparisons between banks and how some banks use their balance sheets to win business.
From what I gather, BS banks mean that they have more ability to lend or underwrite rather than just advise. What line item on theshows this?
Along the same lines, is it better or worse to work at a balance sheet bank from a career perspective?