A bank (the principal) which has an account with another bank (the agent, or the correspondent bank) that allows it to make payments...

A negotiable time deposit (CD) that is issued in the United States by a foreign borrower, usually in denominations of...

A bank whose net worth is less than zero, thus, is said to be a walking dead. This happens when a bank’s assets are worth less...

Misappropriation of bank funds in a way or another. For example, a bank teller may fraudulently abstract money from a...

Misappropriation of bank funds in a way or another. For example, a bank teller may fraudulently abstract money from a...

A type of transformation that is performed by banks and other depositary institutions (financial intermediaries) whereby the small amounts deposited with them are transformed...

A regulatory policy (i.e., a policy implemented by central banks and other regulatory authorities) that permits banks and financial institutions to continue operating even...

A person or party, known as the drawee, who accepts a bill of exchange or time draft. This done, the accepting party becomes responsible...

It stands for leverage-adjusted duration gap ; a duration gap measure that takes into account a bank's overall exposure to interest rate...

A duration gap measure that takes into account a bank's overall exposure to interest rate risk. It is calculated as the difference between...