- 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.
Account maintained with the Swiss National Bank for the settlement of payment transfers. Today the clearing network is only available to companies that fall under Switzerland's banking law. The clearing account balances of the business sector are listed in the balance sheet of the Swiss National Bank as liabilities which are due daily. They can be exchanged by the accountholders into banknotes at any time. Also known as giro balances.
Industry:Banking
Abbr.: SBA. Association established to represent the interests of the banking community in Switzerland. Based in Basel.
Industry:Banking
Also Dow Jones Industrial Index, Dow Jones Industrial Average. Share index of the New York Stock Exchange which has been regularly calculated since 1897 and which includes the top 30 US companies. Dow Jones & Company calculates this index along with a whole range of other indices.
Industry:Banking
SRI approach that excludes companies or sectors from investment universe based on environmental, social or governance criteria (e.g. companies involved in weapons, tobacco or with high negative environmental impacts), including also faith based investing consistent with principles and values of a particular religion.
Industry:Banking
Abbr.: SNB. Switzerland's central bank. Its three tasks as set down in the law are to ensure the supply and distribution of cash, to facilitate payment systems and to pursue credit and currency policies that serve the interests of the country as a whole. Website: www.snb.ch.
Industry:Banking
Equity sector incorporating shares of companies producing or distributing automobiles, luxury goods, watches, as well as service providers such as hotel and restaurant chains, consumer services, media, and wholesale trade. The respective MSCI Sector index acts as a benchmark for shares of companies belonging to this sector.
Industry:Banking
Abbr. for Securities and Exchange Commission. The official supervisory authority for stock exchanges in the United States.
Industry:Banking
Method of sale by auction which consists of an initial public offer at a maximum price which is then gradually lowered until someone makes an offer at the current price and becomes the purchaser. See also auction, English auction.
Industry:Banking
Sega Communication System. Online settlement system devised as a joint technical platform for SEGA and Intersettle. In conjunction with the SIC banking clearing system it allows the fully automatic settlement and clearing of exchange orders.
Industry:Banking
