Investment banking firm Investment banking firm is a firm that purchases an entire issue of new securities from the issuing company as a wholesaler and resells it to the general public.
Common Banking Abbreviation A/C — Account
ABS — Assocaition of Banks in Singapore
ACU — Asian Currency Unit
ADA — Authorized Depositary Agent
Automated banking machine (ABM) Automated banking machine (ABM) means one location that provides an automated teller machine (ABM), an Internet connection to the bank’s Web site, and a telephone link to customer services.
State banking commissions State banking commissions is the boards or commissions appointed by governors or legislators in each of the 50 states that are
International Banking Act International Banking Act is the law passed by the U.S. Congress I 1978 that brought foreign banks operating the United States under
Investment banking services Investment banking services is a bank’s offer to underwrite a corporate or institutional customer’s securities in order to aid that customer in raising funds.
Mortgage-banking companies Mortgage-banking companies is the financial service firms that acquire mortgage loans for eventual resale to longer-term lenders (e.g.,
Competitive Equality in Banking Act Competitive Equality in Banking Act is the legislation that authorized recapitalization of the Federal Savings and Loan Insurance
Correspondent banking Correspondent banking is a system of formal and informal relationships among large and small banks established to facilitate the