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单词 universal banking system
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universal banking system
universal banking n. the business conducted by universal banks; frequently attributive, esp. in universal banking system.
ΚΠ
1933 R. Newcomb & F. Krebs tr. H. Von Beckerath Mod. Industr. Organization v. 152 A universal banking system is gradually evolving, a result partly of the increasing dealings of commercial banks in securities.
1976 Business Week (Nexis) 19 Apr. (Special Rep. section) 89 It is the largest, most prosperous commercial bank in a nation where ‘universal’ banking is the rule... The big banks are Germany's commercial and merchant banks, and its stockbrokers as well.
2004 T. Padoa-Schioppa Regulating Finance iii. 33 Regulatory segmentation between financial activities (e.g. between commercial and investment banking), as in the United States until quite recently, and in many other countries which did not adopt a universal banking system.
extracted from universaladj.n.adv.
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