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Secondly, we have a very large balance sheet.
"But we've had the luxury of being a stable landlord with a large balance sheet".
But maintaining a large balance sheet also means the Fed would remain a more prominent presence in short-term funding markets, where it has displaced some private activity.
A retreat from the market by large balance sheet banks could have a lasting impact on both deal activity and deal structures premised on committed financing.
Transaction services are important, but they do not require a very large balance sheet; these can equally well be performed by a network of small, nimble financial firms.
Lloyds makes most of its profit in the UK and has a smaller bank levy than HSBC, which pays around £370m because of its large balance sheet but makes less of its profits in the UK.
Similar(43)
Energy experts said the changes would not radically boost competition because only companies with large balance sheets can take the risk of energy prices slumping.
Unlike other Wall Street firms, Citigroup and J. P. Morgan have large balance sheets and have boasted of their ability to provide both loans and advice.
Large balance sheets, easily obtained leverage, and incentive structures that provide enormous benefits from rising stock prices will surely lead to more risk taking.
The owners of these hotels "probably have deep pockets, large balance sheets or prearranged financing, and can afford to make improvements," Mr. Swig said.
"There is a creeping capital intensity to the securities business that's being propelled by a handful of commercial banks who come to the table with very large balance sheets," Mr. Kraushaar said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com