Yorkshire | 5 | 6,412
12.Portman | 6 | 3,513
13.Coventry | 7 | 3,379
14.Skipton | 8 | 3,037
Overseas Banks in Britain
(Main Countries Represented).
Country of origin | Branches of an Overseas Bank | British Incorporated Subsidiary of an Overseas Bank | Representative offices | Other | Total
France | 16 | 8 | 23 | - | 47
Germany | 19 | 5 | 4 | - | 28
Italy | 15 | 1 | 28 | - | 44
Japan | 28 | 6 | 15 | 4 | 53
Switzerland | 9 | 2 | 17 | - | 28
United States | 23 | 9 | 11 | 6 | 49
Other countries | 153 | 41 | 111 | 7 | 312
Total | 263 | 72 | 209 | 17 | 561
Source: Bank of England.
General and Long-term Insurance Business 1985 - 1995.
General Insurance net premiums.
Growth in Unit Trusts and Investment Trusts.
Assets - | anything owned by an individual, company, legal body or government which has a cash value.
Big Bang - | a system of major changes which brought deregulation to the London Stock Exchange in 1986.
Bill of Exchange - | an officially signed promise to pay to the receiver of the bill, the stated at the fixed time.
Bond - | a certificate issued by the borrower as a receipt for a loan usually longer than 12 months; it indicates the interest rate and the date of repayment.
Eurobond- | an international certificate issued by the borrower for a long-term loan (from 5 to 15 years) in any European currency but not in the currency of the issuing bank.
Securities- | general term for stocks and shares of all types.
Exchange- | a market for the toll purchase of goods or securities.
Stock Exchange- | a market for short or long term transactions in securities .
Commodity Exchange- | a stable market for wholesale transactions in preferably commodities and raw materials
Money Market- | a market for money instruments with a period of validity of less than one year.
Factoring- | a business activity in which a company takes over the responsibility for collecting the debts of another company.
Fund Management- | managing investors’ funds on their behalf or advising investors on how to invest their funds.
Financial Futures- | legal contracts for the sale or purchase of financial products on a specified future date, at the price agreed in the present.
Option- | A contract giving the right to buy or sell financial instruments or goods for a stated period at a stated price.
The London Bullion Market - | The international gold and silver market in London where trade is done by a telephone or electronic links.
Hedge | The purchase or sale futures contract as a temporary substitute for a transaction to be made at a later date
Open-Ended Fund- | A fund without a fixed number of shares
Quite-edged loans - | Loans issued on behalf of the Government to fund its spending.