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universal bank

Meaning of "universal bank" in the English dictionary

DICTIONARY

PRONUNCIATION OF UNIVERSAL BANK

ˌjuːnɪˈvɜːsəl bæŋk


GRAMMATICAL CATEGORY OF UNIVERSAL BANK

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Universal bank is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES UNIVERSAL BANK MEAN IN ENGLISH?

Universal bank

A universal bank participates in many kinds of banking activities and is both a commercial bank and an investment bank as well as providing other financial services such as insurance. These are also called full-service financial firms, although there can also be full-service investment banks which provide asset management, trading, and underwriting. The concept is most relevant in the United Kingdom and the United States, where historically there was a distinction drawn between pure investment banks and commercial banks. In the US, this was a result of the Glass–Steagall Act of 1933. In both countries, however, the regulatory barrier to the combination of investment banks and commercial banks has largely been removed, and a number of universal banks have emerged in both jurisdictions. However, at least until the global financial crisis of 2008, there remained a number of large, pure investment banks. In other countries, the concept is less relevant as there is not regulatory distinction between investment banks and commercial banks.

Definition of universal bank in the English dictionary

The definition of universal bank in the dictionary is a bank that offers both banking and stockbroking services to its clients.

WORDS THAT RHYME WITH UNIVERSAL BANK

banc · bank · biobank · claybank · Clydebank · cryobank · embank · Firbank · interbank · Medibank · mountebank · multibank · nonbank · sandbank · seabank

WORDS THAT BEGIN LIKE UNIVERSAL BANK

universal · universal beam · universal class · universal coordinated time · universal coupling · universal donor · universal gas constant · universal grammar · universal joint · universal motor · Universal Product Code · universal quantifier · universal set · Universal Soul · Universal Spirit · universal suffrage · universal time · universalisability · universalisation · universalise

WORDS THAT END LIKE UNIVERSAL BANK

angle of bank · autobank · bad bank · blood bank · break the bank · central bank · chartered bank · commercial bank · data bank · development bank · fog bank · investment bank · land bank · laugh all the way to the bank · memory bank · national bank · piggy bank · reserve bank · river bank · savings bank · state bank

Synonyms and antonyms of universal bank in the English dictionary of synonyms

SYNONYMS

Translation of «universal bank» into 25 languages

TRANSLATOR

TRANSLATION OF UNIVERSAL BANK

Find out the translation of universal bank to 25 languages with our English multilingual translator.

The translations of universal bank from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «universal bank» in English.
zh

Translator English - Chinese

全能银行
1,325 millions of speakers
es

Translator English - Spanish

banco universal
570 millions of speakers
en

English

universal bank
510 millions of speakers
hi

Translator English - Hindi

यूनिवर्सल बैंक
380 millions of speakers
ar

Translator English - Arabic

بنك عالمي
280 millions of speakers
ru

Translator English - Russian

универсальный банк
278 millions of speakers
pt

Translator English - Portuguese

banco universal
270 millions of speakers
bn

Translator English - Bengali

সার্বজনীন ব্যাংক
260 millions of speakers
fr

Translator English - French

banque universelle
220 millions of speakers
ms

Translator English - Malay

Bank sejagat
190 millions of speakers
de

Translator English - German

Universalbank
180 millions of speakers
ja

Translator English - Japanese

ユニバーサルバンク
130 millions of speakers
ko

Translator English - Korean

유니버설 은행
85 millions of speakers
jv

Translator English - Javanese

Universal bank
85 millions of speakers
vi

Translator English - Vietnamese

ngân hàng phổ quát
80 millions of speakers
ta

Translator English - Tamil

உலகளாவிய வங்கி
75 millions of speakers
mr

Translator English - Marathi

सार्वत्रिक बँक
75 millions of speakers
tr

Translator English - Turkish

Evrensel banka
70 millions of speakers
it

Translator English - Italian

banca universale
65 millions of speakers
pl

Translator English - Polish

bank uniwersalny
50 millions of speakers
uk

Translator English - Ukrainian

універсальний банк
40 millions of speakers
ro

Translator English - Romanian

bancă universală
30 millions of speakers
el

Translator English - Greek

universal bank
15 millions of speakers
af

Translator English - Afrikaans

universele bank
14 millions of speakers
sv

Translator English - Swedish

universalbank
10 millions of speakers
no

Translator English - Norwegian

universell bank
5 millions of speakers

Trends of use of universal bank

TRENDS

TENDENCIES OF USE OF THE TERM «UNIVERSAL BANK»

Principal search tendencies and common uses of universal bank
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «universal bank».

Examples of use in the English literature, quotes and news about universal bank

EXAMPLES

10 ENGLISH BOOKS RELATING TO «UNIVERSAL BANK»

Discover the use of universal bank in the following bibliographical selection. Books relating to universal bank and brief extracts from same to provide context of its use in English literature.
1
Handbook of International Banking
2. STRUCTURE. OF. THE. UNIVERSAL. BANK. Universal banking organizations may take a number of more or less distinct forms.1 These are stylized in Exhibit 9.1. • A fully integrated universal bank (Type A) provides a broad range of ...
A. W. Mullineux, Victor Murinde, 2003
2
Modern Japanese Organization and Decision-making
The continental European model, which has become known as the "universal bank," was a "deposit" bank unlike the English merchant bank.3 Its purpose was entrepreneurship: to find and finance industry, and to provide venture capital.
Ezra F. Vogel, 1975
3
Universal Banking in the United States : What Could We Gain? ...
The purpose of this book is to evaluate the case for and against eliminating the barriers that have so long existed between banking and other types of financial services in the United States.
Anthony Saunders John M. Schiff Professor of Finance, New York University Ingo Walter Charles Simon Professor of Applied Financial Economics and Director of Salamon Center both at Stern School of Business, 1993
4
Academic Foundation`S Bulletin On Banking And Finance Volume -18
... ultimately there should be only banks and restructured NBFCs can be operationalised. ANNEXURE II SALIENT OPERATIONAL AND REGULATORY ISSUES TO BE ADDRESSED BY THE FIs FOR CONVERSION INTO A UNIVERSAL BANK ...
Editor : Sona Kapila, 2001
5
The Disconto-Gesellschaft and German Industrialization: A ...
A Critical Examination of the Career of a German Universal Bank, 1851-1914 John M. Kleeberg. I. Introduction A. Subject of the Thesis. In a recent article (1986 ), Richard Tilly has referred to universal banking as That successful combination of ...
John M. Kleeberg, 1988
6
Handbook of Monetary Economics
Think of the overall entity that the banker runs as a universal bank with the commercial bank and the SPV as separate entities. Because it operates off the commercial bank's balance sheet and holds securitized assets, the SPV may be thought ...
Benjamin M. Friedman, Michael Woodford, 2011
7
Handbook of Monetary Economics vols 3A+3B Set
Think of the overall entity that the banker runs as a universal bank with the commercial bank and the SPV as separate entities. Because it operates off the commercial bank's balance sheet and holds securitized assets, the SPV may be thought ...
Benjamin M. Friedman, Michael Woodford, 2010
8
Data Mining for Business Intelligence: Concepts, Techniques, ...
FIGURE 10.4 SCORING THE VALIDATION DATA: XLMINER'SOUTPUT FOR THEFIRST FIVE CUSTOMERS OF UNIVERSAL BANK (BASED ON12 PREDICTORS). FIGURE 10.5 (A) LIFT AND (B) DECILE CHARTS OF VALIDATION DATA ...
Galit Shmueli, Nitin R. Patel, Peter C. Bruce, 2011
9
The Indian Financial System: Markets, Institutions and Services
ICICI has become a universal bank by a reverse merger with its subsidiary ICICI Bank. IDBI has also transformed itself into a universal bank. IDBI was merged with its private banking arm IDBI Bank, in 2003-04. The new entity repositioned itself ...
Bharati V. Pathak, Pathak Bharati V., 2011
10
Creating Value in Financial Services: Strategies, Operations ...
The answer to this question influences a universal bank's cost of capital and its performance against rivals with a narrower business focus. This chapter considers these issues within a simple conceptual framework. We begin by adding to ...
Edward L. Melnick, 2000

10 NEWS ITEMS WHICH INCLUDE THE TERM «UNIVERSAL BANK»

Find out what the national and international press are talking about and how the term universal bank is used in the context of the following news items.
1
Barclays' former CEO was right on universal banks
What kind of chief executive does a big modern bank need? Apparently not a traditionally hypercompetitive investment banker like Anshu Jain, who lost his ... «Arab News, Jul 15»
2
India's largest NBFC gets RBI nod to set up universal bank
India's largest microfinance company Bandhan Financial Services Ltd. (BFSL) on Wednesday received the final nod from the Reserve Bank of India (RBI) to set ... «Moneylife, Jun 15»
3
In hole, still digging
Many wonder whether the big banks' parts might not be worth more than the whole. Returns on equity at universal banks typically languish in the single ... «The Economist, Jun 15»
4
New Deutsche Bank boss must not repeat mistakes of the past
In April, Germany's biggest financial institution, Deutsche Bank, received a ... such as Barclays and UBS, has stuck to the pre-crisis ideal of the “universal bank”, ... «Telegraph.co.uk, Jun 15»
5
HSBC: 'The UK has rejected the concept of universal banking'
HSBC pledged to decide whether to leave the UK within months on Tuesday as its chief executive said Britain had rejected the universal banking model that ... «Telegraph.co.uk, May 15»
6
China commercial lenders expand investment banking operations
Do not tell Jamie Dimon — who warned he “wouldn't want to see the next JPMorgan Chase be a Chinese company” — but universal banking is gaining traction ... «Financial Times, Apr 15»
7
Universal bank model not at an end - ECB bank watchdog
Asked about Deutsche Bank, Nouy told the Handelsblatt newspaper she would ... "But I don't think that is evidence of the end of the universal bank," Nouy said in ... «Reuters UK, Apr 15»
8
Lex in-depth: Universal banks
And universal banks have been, to put it politely, a disappointment. ... Those five universal banks together have managed an average return on equity of 5 per ... «Financial Times, Mar 15»
9
Deutsche Bank says no major changes needed to universal model
Germany's largest bank is carrying out a strategic review which is expected to see it ... "We have a strong tendency to continue to support the universal banking ... «Reuters, Mar 15»
10
Barclays will cut investment bank again if performance doesn't improve
The bank said the outcome of the FX probes could violate a non-prosecution ... especially a decision on whether the company remains a universal bank.". «Reuters UK, Mar 15»
REFERENCE
« EDUCALINGO. Universal bank [online]. Available <https://educalingo.com/en/dic-en/universal-bank>. Apr 2024 ».
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