- Industry: 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.
Initial distribution of part of the annual dividend on a company's shares. Dividends may be paid quarterly or half-yearly, on the basis of the company's ongoing accounts. Interim dividends are generally low and are kept as even as possible. The balance is paid out in the form of the final dividend. Interim dividends are common in countries such as the US; in Switzerland, only annual dividends are permitted. See also dividend, final dividend.
Industry:Banking
Period in which the lead underwriter restricts insiders from selling their shares for a period of time, usually 180 days, from the effective date of the offering.
Industry:Banking
Known simply as a warrant. Type of security, usually issued together with a bond or preferred stock, entitling the holder to buy a proportionate amount of common stock at a specified price for a period of years.
Industry:Banking
Abbr. RUF. Short to medium-term security traded on the Eurocommercial paper market. The lead manager acts as the sole placing agent. Renewable after expiry as required. Similar to note issuance facility.
Industry:Banking
Combination of two or more financial instruments, at least one of which must be a derivative, to form a new investment product.
Industry:Banking
Person who performs brokerage services in his capacity as owner of a banking institution or as an executive employee of a bank.
Industry:Banking
Collateral bond that is secured through the pledging of a mortgage. See also collateral bond.
Industry:Banking
Also: jacket custody. The safekeeping of securities separate from the customer's holdings of other types of securities or from the securities of other customers. Opposite: collective custody.
Industry:Banking
