| 单词 | universal bank |
| 释义 | > as lemmasuniversal bank universal bank n. a bank which operates in a number of traditionally separate sectors and is therefore able to offer a full range of services, from large-scale corporate finance to retail banking.Until the late 1990s, universal banks were prohibited in the United States. ΚΠ 1924 A. S. V. Klíma & J. J. Král tr. K. Karýsek in J. Gruber Czechoslovakia xii. 172 In Central Europe, in Germany, Austria, Hungary and Italy, the type of a universal bank was founded, a bank doing all-around business. 1998 Christian Sci. Monitor 7 Apr. 1 The new entity, called Citigroup, will..allow consumers to conduct all of their transactions—from trading in securities to taking out a mortgage to using an ATM or credit card—under one financial umbrella... Most analysts say this new ‘universal bank’ will prompt more mergers. 2008 Times (Nexis) 16 Sept. (Business section) 41 The balance of advantage has shifted from the independent investment bank model to that of the universal bank, such as JP Morgan Chase, Deutsche Bank or Barclays, which combine retail and investment banking. < as lemmas |
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