I OFTEN SAY THAT when I grow up I want to own a bank. I can even understand the business — sell money and secure the risk against your customers’ assets; use other customers’ money as assets to lend out; pay a pittance as interest; do not get out of balance with the proportions. Also, wear chalk-stripes and smoke cigars. I manage some of these already.
The buying of money and its opposite, the custody services, are essentially commercial