Top Qs
Timeline
Chat
Perspective
Plumbing (finance)
Portions of finance system related to capital flows From Wikipedia, the free encyclopedia
Remove ads
In finance, plumbing (or financial plumbing), refers to the portions of the financial system that allow for the movement of capital and manage risk.[1] Portions of the global financial system identified as "plumbing" include money markets.[2]
Citibank's "Services" division, responsible for half of the bank's profit, deals primarily with business related to "financial pipes".[3]
References
Wikiwand - on
Seamless Wikipedia browsing. On steroids.
Remove ads