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In the following centuries, merchant banking spread across Europe and then to the United States, becoming the occupation of the big banking houses like J.P. Morgan.
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Because they are diversified, universal banks spread their risks.
As credit markets began to freeze up and mistrust among banks spread, rumors circulated of defaults.
THIS week's recommended economics research: Do global banks spread global imbalances?
As big retail banks spread, they will be well positioned to match buyers and sellers, borrowers and savers across borders.
In the midst of the political crisis, the banks spread rumours of a "liquidity crisis", saying they were short of funds and might have to close their doors.
Using vacant and abandoned lots, Mr. Kipping proposes a decentralized information bank spread out across Harlem as if the neighborhood were an exploded campus for learning.
If banks spread out executives' pay over, say, four years, giving their executives an incentive to make smart decisions for the long haul, the banks would be allowed to set aside a bit less additional capital.
What is more, the banks spread the risk but ended up with it anyway, which is why Wall Street has taken more than $40 billion in losses on mortgage-related investments.
This error was corrected online.In this section The Kirchners make a dash for it Hard landing Governors under fire A policy that is outdated, expensive and unworkable Correction: Brazil's banks Reprints Related items Brazil's banks: Spread betsMar 19th 2009.
Keith Mcullough, CEO of Hedgeye Risk Management, calls this the "piggy bank spread" because when it comes to producing banking profits, it is a sure thing.
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