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"The banking middlemen may in time become the surplus links in the chain.
It actually makes a small profit by cutting out the banking middlemen.
The tax-exempt borrower pays a rental fee equal to the dividend that the pension fund will now miss out on, minus a cut for itself and a clutch of banking middlemen.
Similar(56)
And the most significant instruments are the uncountable wealth-management products (WMPs), which raise money from better-off investors, in large increments (at least 50,000 yuan, about $8,160) and for short periods (typically less than six months, sometimes much less).Like banks, shadow banks are middlemen, issuing liabilities and holding assets.
Electronic trading might connect customers directly with each other, cutting out the banks as middlemen.
Think about it this way: for years, banks were middlemen, buying and selling things for other people.
Mr. Obama removed banks as middlemen in making federal student loans, saving billions of dollars a year in lender fees, some of which was used to pay for increased student aid.
CrowdWiz allows the crowd, not fund managers, banks or middlemen, to decide on how the general fund is spent.
Businessmen with money to spare lend it directly to firms in need, without a bank as middleman.
"Banks are middlemen".
The two central banks act as middlemen, taking a cut of just $0.67 no matter what the size of the transaction.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com