-
German savings banks and mutual banks are used to the idea of mutualised guarantees: they have formed joint-liability groupings, which vouch for the solvency of each bank in their group.
ECONOMIST: Plans for common supervision could easily turn messy
-
This need for intermediates creates a need for savings banks, stock markets, brokerage firms, mutual funds and investment banks.
FORBES: Making the Case for Wall Street
-
Morgan, an American bank which owns the American Century mutual-fund group, to sell funds bearing its own name through savings banks in Germany and France.
ECONOMIST: Fund management
-
First, savers provide money indirectly to borrowers through intermediaries, such as banks, savings-and-loan associations (building societies), mutual funds and pension funds.
ECONOMIST: Finance: trick or treat? | The