- 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.
Bond issue where the lender contracts that his debt will rank behind some or all other debt on liquidation or bankruptcy of the issuer. In Switzerland banks may count up to 100% of their subordinated bond issues with a residual term of 5 years as part of their equity capital; this percentage decreases as the term gets shorter.
Industry:Banking
Poison pills are any type of defensive maneouvre which a company might try in order to protect itself against unwanted takeover bids, e.g. stock issues, special distributions, spin-offs and management pay-outs.
Industry:Banking
A security which is vested by a personal claim and secured by a lien or mortgage on real estate property. It incorporates both the claim and its lien.
Industry:Banking
Also: section. Part of a uniform capital issue (bond) which is offered for subscription in several instalments. The individual tranches usually have different maturities and offer different rates of interest, and therefore have different issuing and market prices.
Industry:Banking
A soft currency is not always freely convertible into another currency, and for this reason investments in soft currencies are very risky. Soft-currency countries are often prone to high inflation, unbalanced state budgets or political instability. Opposite: hard currency.
Industry:Banking
Forward contract based on the development of specific stock exchange indexes. See also financial future.
Industry:Banking
Fee charged by banks (usually on a quarterly basis) for credit lines granted but not drawn on during the agreed loan period.
Industry:Banking
Long-term investment in another company, e.g. through the acquisition of shares (an equity interest). Unlike investing in fixed-interest securities, primarily to benefit from the expected return and/or possible capital gains, permanent holdings aim to exert an influence on the management of the company in which the equity interest is held or to achieve similar objectives. Depending on the circumstances, permanent holdings may have the object of securing a certain share of a company's equity (minority or majority holding). Article 25 of the Swiss Banking Law Ordinance requires that permanent holdings of the Swiss banks be stated separately from other assets carried in the balance sheet. Article 25c stipulates that supplementary notes must be prepared giving details of permanent holdings.
Industry:Banking
A liability which will come into definite existence only on the occurrence of a specific event, e.g. bank liability arising from acceptance, guarantees and letters of credit. Contingent liabilities are not included in the balance sheet of a bank but have to be reported under supplementary notes.
Industry:Banking
Gold is one element in the collective term for precious metals. Precious metals are characterised by their chemical durability, valuable physical properties and attractive appearance. Only gold, silver, platinum and palladium are used for capital investments; they are traded worldwide around the clock in spot and forward markets. Precious metal options serve as hedging instruments.
Industry:Banking
