universal banking

Universal banking is

• a system in which banks provide a wide variety of comprehensive financial services

• used to describe investment banks in the United Kingdom

• a financial co-operative owned

  by its members

• the Fed's monetary policy-making body

Are there any universal banks in Russia?

• No

• Yes

• Maybe???

Universal banks hold stakes (equity shares) of

• one company

• clients only

• many companies

A ... is a market structure with a single seller or producer that assumes a dominant position in an industry or a sector.

Advantages of universal banking

• resource utilisation

• Effect of falure on banking system

• easy marketing

• Different rules and regulations

Combining commercial and investment banking can result in ... commercial banking versus investment banking.

Effect of falure

• Universal banks diversify their activities using the same financial experts

• The universal banks can easily market

  (sell) all their financial products and services through their many branches

• If huge banks fail, then it will

  have a very big and bad effect on the banking system and the confidence of the public

Disadvantages of universal banking

• Different rules and regulations

• Conflict of interest

• Effect of failure on banking system

• Economies of scale

... is when universal banking offers all financial

products and services under one roof.