God of the Desert Digital Media Studios

God of the Desert Digital Media Studios

Weird Things I Wonder About

Why do banks close on more holidays than brokerage/investment firms?

Peter Tanous's avatar
Peter Tanous
Jan 06, 2025
โˆ™ Paid
a bank closed for the holidays as snow falls around it.

Did you ever notice (or care) that banks close for holidays that Wall Street ignores? I care because I spent fifty years in the investment business. Our staff at Lynx Investment Advisory here in Washington DC, would occasionally grumble, trudging to work on days like Columbus Day and Veterans Day wโ€ฆ

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