Just had an odd converstion and I does nt sound right. I know banks lend other peoples money all the time that's kind of how it works but
I am being told that the bank is lending a specific clients money ( loads of millions of $) on behalf of the client, kind of fronting up and badging the loan. Also the same bank are providing a dd report for their client whose money they are lending.
My head is exploding, but am not a banking expert so am I wrong to be cynical about this set up , my bs radar is spinning fast