Bank products
- Bank product = something a bank can charge for or attract funds with
- Provide capital (fund-based, balance sheet) or service (fee-based, operating expense), or both.
- Towards bank asset side:
- funded: loan/equity investment
- fee: loan syndication, bond issue
- Towards bank liability side:
- fee: current account
- fee: payments, cash management
- fee: asset/wealth management
- funded (source): deposits
- Securities-related
- trading income
- custodian ("депозитарный банк")
Readings:
Extra case:
- Should there be a minimum fee for a retail current account?