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dealer bank |
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Frequently, the local dealer bank, becuse of its commitment to the community, is the only participant in the financial service industry that is willing to address the needs of such an issuer. It is the temporary loan of a security from an institutional investor's portfolio to a broker/dealer or dealer bank to support that firm's trading activities. UPIBG was a nationwide fixed-income dealer bank subsidiary of UPC, at the time UPC was a $4 billion bank holding company. |
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