Translation for "privatkundenbank" to english
Privatkundenbank
  • private customer bank
  • retail-banking
Translation examples
retail-banking
Investmentbanken, Hedge-fonds, Prime Broker, Hypothekengeber, Privatkundenbanken: Alle warfen mit Geld nur so um sich.
Investment banks, hedge funds, prime brokers, mortgage lenders, retail banks: all of them threw money at everything and everyone.
Morgan gegründete Institut wurde 1935 während der Weltwirtschaftskrise im Rahmen des Glass-Steagall-Gesetzes zerschlagen. Dieses Gesetz war verabschiedet worden, um Privatkundenbanken, also die Art von ganz normaler Bank, mit der wir alle täglich zu tun haben, von Investmentbanken zu trennen, jener Art von Bank also, die komplexe Finanzinstrumente emittiert, an den Kapitalmärkten Handel treibt und Fusionen und Akquisitionen betreut.
The first incarnation of J.P. Morgan was broken into two in 1933 by the Glass-Steagall Act, passed during the Great Depression, which forced retail banks, that is, the ordinary sort of banks with which we’re all familiar, to split from investment banks, the sort which issue complex financial instruments, trade on capital markets, and run mergers and acquisitions.
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