- Industria: Financial services
- Number of terms: 25840
- Number of blossaries: 0
- Company Profile:
UBS AG, a financial services firm, provides wealth management, asset management, and investment banking services to private, corporate, and institutional clients worldwide.
Positive change in ratings for a security. An example is an analyst's upgrading of a stock such as from "sell" to "buy".
Industry:Banking
Commission of the Swiss Exchange which decides independently on the admission of securities to the Swiss Exchange and defines the attendant reporting obligations of the listed companies.
Industry:Banking
Person or firm engaged in arbitrage. Arbitrageurs take substantial positions in value terms in order to profit from extremely small price fluctuations, thus ensuring high market liquidity.
Industry:Banking
Also: credit facility, borrowing limit, credit line. An amount up to which the bank will lend money to a particular customer. Customers can draw down any unutilized part of the credit line immediately as they require, without needing to submit a further application.
Industry:Banking
A bond issue whose interest or planned repayments of principal are not made as scheduled under the terms of the issue.
Industry:Banking
A company that specializes in assigning ratings, e.g. Standard & Poor's, Moody's.
Industry:Banking
Investment fund exempt from certain legal requirements. Participation is restricted exclusively to investors proven to be peer professional players (e.g. insurance companies, pension funds).
Industry:Banking
Also: illiquid. Refers to securities of such low investment quality that they cannot be readily sold to investors.
Industry:Banking
(1) All bank transactions based on an interest margin. The margin derives from the fact that the bank pays a lower rate of interest on the funds received from clients than it earns on the loans it grants. The bank uses the income from this margin to cover its expenses and make a profit.
(2) Bank transactions connected with the payment or receipt of interest (claims, liabilities). Bills of exchange and the money market securities business are generally also included under interest operations.
Industry:Banking
In terms of asset class: instruments with main exposure in the fixed income markets, i.e. interest rate and issuer risks. Includes convertible bonds and structured products with guaranteed principal protection.
Industry:Banking
