- 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.
Loans and advances to members of the Board of Directors, the Executive Board or the internal auditors, as well as to any companies controlled by these persons.
Industry:Banking
Also known as the ring representative. Formerly the broker of a ring bank who traded securities on a stock exchange using the à la criée method. See also ring, broker.
Industry:Banking
A specific segment of the lending market. Typically, subprime products (e.g., loans, mortgages, or credit cards) are directed at persons with blemished or limited credit history who do not qualify for the prime market. These products usually carry a higher rate of interest than prime products to compensate for increased credit risk.
Industry:Banking
A registered share which can only be transferred subject to restrictions. Its purpose is to provide better protection against an undesired change in the share capital structure. See also restricted transferability.
Industry:Banking
The price at which a stock exchange transaction is effected. Each trading price on the Swiss Exchange is registered and published (provided a round lot has been traded). By contrast, an asked price is the lowest price offered by the seller and a bid price is the highest price a buyer is prepared to offer. The first price paid for a listed security on a given day is called the opening price, the last paid price being the closing price.
Industry:Banking
In the case of stock market transactions the designation for a cash transaction (payment and delivery are immediate). See also spot transaction.
Industry:Banking
Newly industrialising country or market with above-average growth potential and developing financial markets.
Industry:Banking
Also: closed safekeeping account. Safekeeping account where valuables or documents are deposited, as a rule wrapped and sealed, exclusively for safe custody. Opposite: open safekeeping account.
Industry:Banking
Interest rate prevailing in the capital market. See also money market rate.
Industry:Banking
Balance sheet item showing the interest paid by the bank on funds it has received on deposit. Usually called credit interest in current account transactions. Opposite: interest received.
Industry:Banking
