on 2023/07/21 by alex1, []

In the course of the subprime crisis, which turned into a financial crisis, American International Group (AIG), formerly the world’s largest insurance company, came to the brink of bankruptcy. The Federal Reserve Bank of New York – as part of the central bank – rescued AIG in September 2008 with a loan of up to […]

on 2023/07/21 by alex1, []

A share in a company that traditionally pays out most of its profits to shareholders in dividends. – See cash cow. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com […]

on 2023/07/21 by alex1, []

Unless otherwise defined, this refers to the correlation of share price developments between the euro area on the one hand and the U.S. on the other. Sometimes, in addition to the euro area, Switzerland and the United Kingdom are also included in the analysis. The values have converged steadily since 1994, mainly due to the […]

on 2023/07/21 by alex1, []

A shareholder who has a large stake in a corporation and takes an active role in its management. Such activities are possible in various ways (or-less-iable negotiations with management, proxy battles, publicity campaigns, or hands-on shareholder). Such activities are possible in various ways (more-or-less amiable negotiations with management, proxy battles, publicity campaigns, or even litigation: […]

on 2023/07/21 by alex1, []

Important abbreviations (shortened forms of a word or a phrase) from the world of finance, including the (official) abbreviations of relevant laws and regulations, can be found in alphabetical order in the appendix of the respective annual report of the (German) Federal Financial Supervisory Authority. Attention: The financial encyclopedia is protected by copyright and may […]

on 2023/07/21 by alex1, []

When securities are sold on the customer’s account, the profit margin of the bank or dealer (broker) included in the price. – The difference between today’s rate of certain foreign currencies and the three-month’s rate of that currency on the futures market (unless otherwise stated). – Deduction of interest (discounting) on the purchase of receivables […]

on 2023/07/21 by alex1, []

A general slowdown in economic activity in an area, as indicated by economic indicators such as stock market prices, production, employment or foreign trade. – A standstill or even decline in gross domestic product during two quarters. – See deficit spending, crisis, landing, soft, recession, sentiment barometer, cyclicality. Attention: The financial encyclopedia is protected by […]

on 2023/07/21 by alex1, []

In the financial market, for the transfer of a natural or legal person’s domicile from one territory to another, usually for regulatory or tax reasons (the removal of one’s legal residence or citizenship from one country to another for the most part to avoid high taxation or regulatory overkill). – See Customer Data Information Requirement, […]

on 2023/07/21 by alex1, []

Procedures through which financial institutions submit and exchange data and documents on payments or transfers of securities (arrangements used to facilitate the settlement of transfers of funds, assets or financial instruments). In most cases, the procedures also include rules for calculating participants‘ bilateral and multilateral net positions. Such netting simplifies the settlement of transactions by […]

on 2023/07/21 by alex1, []

In connection with Basel II, a body whose main task is to harmonize banks‘ accounting for regulatory purposes. It also develops guidelines on auditing and thus also on the quality of banks‘ auditing departments. – See Andersen scandal, IAS, IFRS, balance sheet scandal, Public Company Accounting Oversight Board, factual design, Sarbanes-Oxley Act, loss camouflage. Attention: […]