- 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.
Measure of the sensitivity of an equity or a portfolio to the overall market. A beta of >1 indicates that the relevant share or portfolio is subject to larger earnings fluctuations and thus carries a larger systematic risk than the overall market. See also alpha.
Industry:Banking
Losses on claims, receivables or loans, e.g. through bankruptcy, fruitless attachment or distraint or composition agreement if the dividend obtained is insufficient.
Industry:Banking
One of the instruments in export finance. In Switzerland, export finance credits are granted by Swiss banks to finance export shipments not covered by the official export risk guarantee program, to finance downpayments, intermediate payments and local costs related to the installation of plant or equipment delivered by the Swiss producer.
Industry:Banking
Also: custodian services. Administration of securities for share and bondholders. Performed by banks for their customers.
Industry:Banking
Export credit insurance is provided mainly by state-owned but self-funded institutions to cover certain risks associated with extending credit when exporting. It is also known in Switzerland as “export risk guarantee”.
Industry:Banking
The portion of the value of a company which is over and above its market price. It includes all intangible assets which are not reported on the balance sheet, such as the reputation and familiarity of a company and its products. Goodwill is of major importance in assessing the value of the company's stock.
Industry:Banking
Expression denoting that interest is payable at the beginning of the interest period (year, six months, etc.). Also used for any other payments made ahead of time (e.g. rents). Opposite: payable in arrears.
Industry:Banking
The growing trend of corporate borrowers to issue marketable securities on the financial markets as opposed to raising bank loans and credit from other financial institutions.
Industry:Banking
Fiduciary transactions are fundamentally characterised by the fact that a trustee or fiduciary acquires in his own name goods, assets or claims (receivables) at the instructions of the trustor or beneficiary and manages the assets held in trust in the interest of the principal and in accordance with his instructions. The trustee or fiduciary acts in his own name but for the account and at the risk of the trustor or beneficiary. Fiduciary transactions performed by a bank in the form of money market investments or as fiduciary loans are effected or granted in its own name, but in response to a written order, exclusively for the account and at the risk of the customer (fiduciary investments, fiduciary loans). The principal bears the currency, transfer and del credere risks. Fiduciary transactions rank among off-balance-sheet business but are shown by banks under the line. In the wider sense of the word they also include all other transactions entrusted to a fiduciary or trust company.
Industry:Banking
A bank's business with large corporate clients. Opposite: retail banking.
Industry:Banking
