- 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.
Also: bonds with warrants. Bond issue which bears interest throughout its term to maturity and features a warrant which embodies the right to purchase a share or other security. The warrant may be traded separately from the bond. See also convertible bond issue.
Industry:Banking
The legal right to retain property until a claim is met. Possession must be continuous, rightful and not for a particular purpose. Regulated in Switzerland by 895 ff. of the Swiss Civil Code.
Industry:Banking
The purchase or sale of an equal number of puts and calls with the same strike price and term to maturity. Long straddles are constructed by purchasing a call and a put with the same strike price and term to maturity at the same time, which will result in gains if there is significant market movement and losses if volatility is low. Short straddles are constructed by selling a call and a put with the same strike price and term to maturity at the same time, which will result in losses if there is significant market movement and gains if volatility is low.
Industry:Banking
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
