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Glossary of Banking Terms

credit cards banks terminology glossary banking banke bankarski pojmovi pojmovnik vokabular šta znači kupovina garderobe preko interneta crna gora

API – Application programming interface Asset management – The direction of cash or securities of a client by a financial services company, usually an investment bank. NS&I account – A national savings and investment account is a government backed form of savings account. Blockchain technology - A digital ledger in which transactions made

The EU economy Autumn 2015 forecast

he economic recovery in the euro area and the European Union as a whole is now in its third year. It should continue at a modest pace next year despite more challenging conditions in the global economy. Against a backdrop of declining oil prices, accommodative monetary policy and a relatively weak

Benchmarks: restoring confidence in the financial markets

enchmarks are widely used to track market developments. However, financial scandals involving benchmarks such as Libor and Euribor have shown that they are susceptible to manipulation. On 18 May MEPs debate new rules to ensure the full transparency of all benchmarks used in the EU and vote on them the

Antitrust: Euro interest rate derivatives cartel?

The European Commission has informed Crédit Agricole, HSBC and JPMorgan of its preliminary view that they may have breached EU antitrust rules by colluding to influence the pricing of interest rate derivatives denominated in the euro currency. The sending of a statement of objections does not prejudge the final outcome

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