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Can you expand some of these acronyms? CS, PB, etc.? I'm guessing most of us won't know them. CS=Credit Suisse, PB=Personal Banking, FX=Foreign Exchange?
by CydeWeys 5y ago
Can you expand some of these acronyms? CS, PB, etc.? I'm guessing most of us won't know them. CS=Credit Suisse, PB=Personal Banking, FX=Foreign Exchange?
- throwaway_dcnt 5y agoPB is probably prime brokerage, it is a managed service offered by large institutions to other large institutions.
- lotsofpulp 5y agoPB is prime brokerage https://en.wikipedia.org/wiki/Prime_brokerage https://en.wikipedia.org/wiki/Prime_brokerage CS is Credit Suisse, and FX is foreign currency trading.
- SilasX 5y agoJust a general suggestion for comments: if you’re going to use abbreviations, it’s probably a good idea to spell them out on the first mention.
- lordnacho 5y agoApologies, PB is prime broking. It's where the bank offers trade facilitation services, especially lending, to a hedge fund or family office.