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A comment on Archegos was too busy for margin calls. Parent comment

Re:Archegos was too busy for margin calls by CydeWeys on Tuesday August 03, 2021 @08:01PM (#28055767)
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?
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Re:Archegos was too busy for margin calls by lotsofpulp on Tuesday August 03, 2021 @08:37PM (#28055963)
PB is prime brokerage

https://en.wikipedia.org/wiki/Prime_brokerage

CS is Credit Suisse, and FX is foreign currency trading.

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Re:Archegos was too busy for margin calls by lordnacho on Wednesday August 04, 2021 @02:14AM (#28057770)
Apologies, PB is prime broking. It's where the bank offers trade facilitation services, especially lending, to a hedge fund or family office.
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Re:Archegos was too busy for margin calls by SilasX on Wednesday August 04, 2021 @01:52AM (#28057643)
Just 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.
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Re:Archegos was too busy for margin calls by throwaway_dcnt on Tuesday August 03, 2021 @08:07PM (#28055805)
PB is probably prime brokerage, it is a managed service offered by large institutions to other large institutions.
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