Universal bank

Universal bank

A universal bank is a bank that participate in all kinds of banking activities. It is a bank that is both a Commercial bank and an Investment bank. [http://www.economist.com/finance/displayStory.cfm?source=hptextfeature&story_id=12274054]

Unlike the UK and the United States most Germanic countriesFact|date=September 2008 do not distinguish between the two. In the United States, the Glass-Steagall Act of 1933 historically prevented commercial and investment banks from operating as a single institution, but this situation may be flux due to the Economic crisis of 2008.
Deutsche Bank of Germany is one of the world's largest universal banks.


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  • Asia Universal Bank — Infobox Company company name = AsiaUniversalBank company type = Joint Stock Company foundation = 1997 location = Bishkek, Kyrgyzstan key people = Nurdin Abdrazakov, CEO industry = Banking products = Financial Services homepage =… …   Wikipedia

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