Universal Banking Definition:
Universal Banking is a system in which banks offer a comprehensive range of financial services, including retail, corporate and securities services. Universal banking is common in many European countries, including Switzerland.
- Universal banking is a term used for banks that offer a wider range of services than their competitors or traditional banks.
- Universal banking has not yet become mainstream in the United States, but increasingly, banks in the United States are focusing more on investing than their European peers.
- In the global system, banks can still specialize in a subset of banking services, even though they are technically more offering their customers.
Literal Meanings of Universal Banking
Meanings of Universal:
A person or thing with a universal effect, currency or application.
Noted by or through all the people or things in the world, or in a particular group that applies in every situation.
The film production company was formed by Carl Lemmel in 1912 and was the first studio to move from New York to the Los Angeles area. In 1962, the company merged with MCA (Music Corporation of America). The company produced films with Abbott and Costello, the Sherlock Holmes film series with Basil Rathbone and Nigel Bruce, and the box office made films such as ETK's The Extra Terrestrial (1982).
Sentences of Universal
Universal adult gossip
Synonyms of Universal
omnipresent, general, across the board, comprehensive, common, all-round, all-embracing, all-inclusive, ubiquitous
Meanings of Banking:
Activities or services offered by the bank.
Artificial bank or landfill.
Use another locomotive to add extra power to the train going up.
Sentences of Banking
With this account you are entitled to free bank
Four motors of this class are used for bank operations
Synonyms of Banking
economic, banking, business, commercial, investment, accounting, monetary, money, budgetary, pecuniary, fiscal