In modern British parlance, it is an investment bank. However, a merchant bank initiated hundreds of years back as a...

An investment bank that engages in all types of activities, including trading, underwriting, merchant banking, merger and acquisition, securities services,...

A type of financial transformation in which the liabilities of intermediaries, such as banks and non-banks, are typically much more...

It is an acronym for London Interbank Offered Rate. It is an interbank rate which is used as a benchmark or...

To voluntarily give up a possession, claim, or right, such as to abandon a financial asset. It could also refer...