A month ago, an unprecedented coalition of all the City's major traders – encompassing banks, hedge funds, stockbrokers and derivatives dealers – warned in an open letter to Osborne of the dire consequences of an EU-wide transaction tax that they feared a new treaty could bring.
This encompasses banking and insurance transactions (including with the Central Bank of Iran), shipping services.
Deloitte's survey of more than 2,500 professionals encompassed banking and other financial services, retail, wholesale and distribution, travel and hospitality, insurance, Internet, IT and other tech companies.
Its laws and regulations apply equally to financial institutions, which encompass banks and capital market intermediaries.
As yet, however, the trend hasn't reached quite far enough, and it would be good if it expanded in 2012 to encompass banks and other private sector entities.
A strong and varied distribution network encompasses banks, direct Internet sales and more than 11,000 independent agents.
In this course we are defining the global financial system (GFS) as encompassing central banks, commercial banks, and other financial institutions such as asset managers and private equity firms, financial regulators and international organizations.
It is just not right to use a phrase like that to encompass investment banking or banking, it is not based on fact and it creates the wrong impression".
Othmar Karas, an Austrian lawmaker who helped spearhead the new initiative, has described the plan as encompassing any banking operations in the European Union.
Rand Merchant Bank provides diversified financial services and products, encompassing investment banking, fund management, private wealth management and advisory services.
