- Branche: 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: book building procedure. Procedure in an initial public offering or issue of other securities in which the price expectations of large institutional investors are taken into account before the actual issue price is set. In contrast to a fixed-price procedure, the issuer carries the placement risk for book building.
Industry:Banking
Dismantling or abolition of state intervention in economic matters with the purpose of reducing the influence of the state in the economy, abolishing bureaucratic obstacles and legal regulations.
Industry:Banking
Stock market term for selling a security one does not own in the hope of purchasing it later at a lower price to cover the sale and thereby making a profit. Until the purchase to close the transaction has been made, the trader is said to be short on the particular stock or security. Traders taking advantage of falling prices to go short are known as bears.
Industry:Banking
Tax relief granted to holding companies by the Swiss federal government and most cantons.
Industry:Banking
An internationally accepted form of payment, permitting the cashless purchase of goods and services upon production and signature. Bills are issued monthly. Credit cards can be used at companies (shops, hotels, restaurants, transport companies, etc.) which have joined the appropriate credit card associations. Cash can also be withdrawn from ATMs using a PIN. Credit card companies include MasterCard, VISA, Diners Club and American Express.
Industry:Banking
Also: quotation. The market price of an officially listed security. The price is determined during trading hours and is published in the official price list and in the daily papers and other media.
Industry:Banking
Also called a corridor warrant, hamster warrant, range option or range accrual. It enables the investor to bet on an underlying remaining within a specific range. The longer the price stays within this range, the higher the amount paid out on maturity.
Industry:Banking
Shareholding held by management or individual shareholders which represents less than a majority but is nevertheless sufficient to exert a decisive influence at shareholders' meetings.
Industry:Banking
A bank operating in all banking sectors and for all types of clients. Banks combining investment banking, commercial banking, and other activities are now also possible in America, via a holding company structure.
Industry:Banking
EU taxation of interest income from assets belonging to natural persons and held outside their country of residence.
Industry:Banking
