Universal Bank is a bank or a financial institution that has the legal authority to offer all financial services and may, thus, be engaged in securities dealing, insurance, underwriting, and the full range of more traditional banking services.
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- Scale Economies
Scale Economies is the reduction in per-unit costs achievable by spreading fixed costs over a higher level of production.
- Group Banking
Group banking is a system where a group of banks are brought under the control of a holding company.
- Direct Foreign investment (DFI)
The methods of increasing international business extend from the relatively simple approach of international trade to the more complex approach of acquiring foreign firms or establishing new subsidiaries. Any method of increasing international business that requires a direct investment in foreign operations normally is referred to as a direct foreign investment (DFI).
Exports are products and services sold to other countries.
- Export Trading Company Act
Export Trading Company Act is the law passed by the U.S. Congress in 1982 that allowed U.S. banks to make direct investments in export
- Qualified Institutional Buyer (QIB)
A qualified institutional buyer (QIB) is an entity (except a bank or a savings and loan) that owns and invests on a discretionary basis $100 million in securities ...
- Time-inconsistency problem