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Many people don't know this but a bank's primary business is lending, not borrowing. It's totally possible that it was a bank that did almost exclusively commer
by nordsieck 4y ago
Many people don't know this but a bank's primary business is lending, not borrowing. It's totally possible that it was a bank that did almost exclusively commercial loans and didn't have any retail savings/checking accounts.
- reggedtorespond 4y agoA bank seems like one of the worst businesses to operate as a money laundering front. They are subject to a lot of disclosures and reviews other companies aren't.
- marcosdumay 4y agoThere are also many banks that specialize in lending and borrowing in really large quantities. One of those can keep an store open with no visible movement but still highly profitable.