Financial institutions

Financial institutions
  In finance this normally means institutions, not being banks, principally engaged in one or more of the following activities:
• loans.
• leasing.
• payments (e.g. giro institutions ).
• means of payments issued (e.g. credit cards).
• issuance of guarantees/pledges.
• transactions for own account or for account of customers relating to money market instruments, FX instruments, financial futures or options, swaps and securities.
• security syndication.
• merger and acquisition related business.
• broker activities.
• portfolio management.
• custody of securities.

International financial encyclopaedia . 2014.

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