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Investment banking

Of or relating to the business of underwriting, or acting as the client's agent, in the issuance of securities in order to assist an individual, commercial enterprise, corporation or government instution ro raise capital.

Contributors in Investment banking

Investment banking

Changeomat

Banking; Investment banking

Note-changing machine which can be used irrespective of bank opening hours to change foreign currency notes into Swiss francs and vice versa.

London Metal Exchange

Banking; Investment banking

Abbr.: LME. Exchange for non-precious metals such as aluminium, copper, nickel, tin and zinc, as well as for options and futures on these underlyings. Website: www.lme.co.uk.

Real Estate Investment Trust

Banking; Investment banking

Abbreviation: REIT. An exchange-listed US real estate company, at least 75% of whose capital is invested in the US real estate market. REITs enjoy special tax benefits (e.g. exemption from ...

Chinese wall

Banking; Investment banking

Separation of lending business from securities business at a full-service bank in order to prevent a conflict of interests which would be detrimental to the client due to the confidentiality of the ...

investment fund under Luxembourg law

Banking; Investment banking

An investment fund established by a Swiss or other management company, based in Luxembourg but usually for the domestic market. Unlike Swiss products, these funds enjoy certain fiscal advantages, ...

real GDP

Banking; Investment banking

Gross domestic product less inflation.

Clearstream

Banking; Investment banking

International clearing company formed in 2000 from the merger of CEDEL and Deutsche Bank Clearing. Website: www.clearstream.com.

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