Bank
From ACT Wiki
1.
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 and branches of foreign banks and National Savings & Investment.
2.
When used by the Bank of England, the term 'the Bank' normally means the Bank of England.
3.
To deposit (cash, cheques or similar) in a bank or transact business with a bank.
See also
- Anti money laundering
- Bank of England
- Big 4
- Cash management bank
- Central bank
- Challenger bank
- Commercial bank
- Credit creation
- DTLB
- Financial intermediary
- Glass-Steagall Act
- HSBC
- ICB
- Independent Commission on Banking
- Islamic banking
- Leverage
- Liquidity risk
- Maturity mismatch
- 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
