Universal bank: Difference between revisions
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imported>Doug Williamson (Add quote from The Treasurer March 2017, p32.) |
imported>Doug Williamson (Add date to clarify period discussed.) |
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A universal bank is one that undertakes a wide range of activities and services, generally covering both commercial banking and investment banking. | A universal bank is one that undertakes a wide range of activities and services, generally covering both retail commercial banking and investment banking. | ||
<span style="color:#4B0082">'''''The end of universal banking'''''</span> | <span style="color:#4B0082">'''''The end of universal banking'''''</span> | ||
:"It now seems that the threat to universal banking has become official, after Bank of England governor Mark Carney warned in late January that, in time, fintech could 'signal the end of universal banking as we know it.'" | :"It now seems that the threat to universal banking has become official, after Bank of England governor Mark Carney warned in late January 2017 that, in time, fintech could 'signal the end of universal banking as we know it.' " | ||
:''The Treasurer magazine, March 2017, p32 - Nick Hood, business risk analyst, Opus Business Services Group. | :''The Treasurer magazine, March 2017, p32 - Nick Hood, business risk analyst, Opus Business Services Group. | ||
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* [[Fintech]] | * [[Fintech]] | ||
* [[Investment bank]] | * [[Investment bank]] | ||
* [[Ring fenced bank]] | |||
[[Category:The_business_context]] | |||
[[Category:Long_term_funding]] | |||
Latest revision as of 09:48, 26 February 2020
A universal bank is one that undertakes a wide range of activities and services, generally covering both retail commercial banking and investment banking.
The end of universal banking
- "It now seems that the threat to universal banking has become official, after Bank of England governor Mark Carney warned in late January 2017 that, in time, fintech could 'signal the end of universal banking as we know it.' "
- The Treasurer magazine, March 2017, p32 - Nick Hood, business risk analyst, Opus Business Services Group.
