- 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.
Acronym of Bill of Lading Electronic Registry Organization. Joint venture founded in 1988 with the aim of creating a neutral and secure electronic business-to-business platform for the Internet-based transfer of trading documents in international dealing activities. Website: www.bolero.net. See also Bolero bill of lading, bill of lading.
Industry:Banking
Abbr.: OR. The Swiss Code of obligations is the fifth part of the Swiss Civil Code (ZGB). It contains provisions on debts, claims, contracts, securities and forms of company.
Industry:Banking
Abbr.: BBL. Electronic version of traditional bill of lading. The Bolero bill of lading offers the same functions as the paper-based sea waybill in electronic form. The BBL can be created, transferred, altered and finally destroyed again. It ensures that only the authorized company or person is able to initiate transactions related to the title registry and obtain a lading, for instance. See also Bolero.
Industry:Banking
Also: open custody account. Safekeeping account for the depositing and administration of valuables (especially securities). Opposite: sealed safekeeping account.
Industry:Banking
Swiss Federal Act on Stock Exchanges and Securities Trading (SESTA) of 24 March 1995. Regulates the establishment and operation of exchanges and commercial trade in securities. The law also contains provisions on the disclosure of shareholdings and on mandatory public bids.
Industry:Banking
Purchase of new shares in a rights issue without investing additional funds; a shareholder sells exactly the number of subscription rights in a rights issue as are required to finance the purchase of the remaining subscription rights allocated to him or her. The aim is to enable the sum invested in a particular company to grow without investing additional funds.
Industry:Banking
Also referred to as the Tankan report. Comprehensive survey of Japanese companies conducted each quarter by the Bank of Japan and regarded as the benchmark for Japanese business sentiment.
Industry:Banking
Chinese gold coin of 1 ounce fine gold with a face value of CNY 100. Also minted with fine gold content of 1/2, 1/4, 1/10 and 1/20 ounce.
Industry:Banking
Also: Club of Paris (more rarely). International forum which convenes to negotiate rescheduling the debt of heavily indebted countries. The negotiations are held between the delegates of the various creditor and debtor countries. See also moratorium.
Industry:Banking
Also known as the ifo index. German leading indicator of economic trends published every month and derived from a survey of over 7,000 companies conducted by the ifo Institute for Economic Research. Firms polled are asked to offer their assessment of the economic situation and provide details of their short-term plans.
Industry:Banking
