- 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.
Cheque bearing the endorsement «for clearing only» or «for crediting only» or similar. Such cheques may not be paid out in cash but can only be credited to the beneficiary. The endorsement cannot be cancelled by crossing it out.
Industry:Banking
In terms of asset class: investments with risk exposure to the precious metals or commodities markets, i.e. markets where raw materials are traded. Precious metals & commodities primarily include agricultural and mining products, as well as energy .
Industry:Banking
Abbr.: FBC. Also: SFBC. Short form: banking commission. Independent supervisory and regulatory body responsible for overseeing banks and investment funds.
Industry:Banking
Supervisory and implementing authority for the Banking Law and the Law on Investment Trusts, appointed by the Federal Council and acting independently of the Federal Administration and the Swiss National Bank. The Banking Commission maintains a permanent Secretariat in Berne.
Industry:Banking
Net assets of a company calculated as the excess of assets over liabilities. Opposite: liabilities. See also equity.
Industry:Banking
Survey of purchasing managers of various companies in different sectors conducted and published on a monthly basis. The Purchasing Managers Index is regarded as a leading indicator for economic trends. In the US the ISM index (or Purchasing Managers Index PMI) is produced and published by the Institute for Supply Management (ISM). In addition, since 1997 the ISM also publishes the Purchasing Managers Index service sector; in the Eurozone a Purchasing Managers Index is published by Reuter's.
Industry:Banking
Abbr.: EFT/POS. Payment system which enables cashless payment at sales points.
Industry:Banking
Equity sector incorporating shares of companies involved in oil and natural gas exploration, production, transportation and/or refininement. The respective MSCI Sector index acts as a benchmark for shares of companies belonging to this sector.
Industry:Banking
Auction in which buyers submit increasing bids, usually following a pre-established bid increment, and in which the highest bidder wins and is required to pay the seller the amount of the winning bid. See also auction, Dutch auction.
Industry:Banking
