Bank: Difference between revisions
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A regulated institution offering certain financial services. | A regulated institution offering certain financial services. | ||
In the UK, the banking system includes the Bank of England (the central bank), the commercial banks, merchant banks | In the UK, the banking system includes the Bank of England (the central bank), the commercial banks, merchant banks, branches of foreign banks and National Savings & Investment. | ||
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3. ''Banking - | 3. ''Banking - deposits - other.'' | ||
To deposit (cash, cheques or similar) in a bank or transact business with a bank. | To deposit (cash, cheques or similar) in a bank, or to transact business with a bank. | ||
Revision as of 20:50, 26 March 2021
1. Financial services.
A regulated institution offering certain financial services.
In the UK, the banking system includes the Bank of England (the central bank), the commercial banks, merchant banks, branches of foreign banks and National Savings & Investment.
2. UK - central bank.
When used by the Bank of England, the term 'the Bank' normally means the Bank of England.
3. Banking - deposits - other.
To deposit (cash, cheques or similar) in a bank, or to transact business with a bank.
See also
- Bank of England
- Big 4
- Cash management bank
- Central bank
- Challenger bank
- Commercial bank
- Credit creation
- DTLB
- Financial intermediary
- Glass-Steagall Act
- HSBC
- Independent Commission on Banking
- Islamic banking
- Leverage
- Liquidity risk
- Money market
- NBFI
- Private equity house
- Proprietary trading
- Ring fence
- Run
- Shadow banking
- Trading company
- UK Bank Levy
- Vickers Report
- Volcker Rule
- Wealth management
- World Bank
