Fast and reliable payments are crucial for the financial system. To understand the movement of funds between different banks, it is important to understand the concepts of clearing and settlement. Let's not waste any time, and Icon.Partners  will explain in more detail! Understanding Clearing and Settlement What does “clearing” mean in payments? Let's answer the question “what does clearing mean”. In payments, clearing is the stage between making a payment and completing it.

Comfort Letter Explained Definition and meaning of a comfort letter If you are planning a major transaction, investment, or international deal, you may have come across the term “comfort letter”. But what is a bank comfort letter, and why do financial institutions and corporations rely on it so often? A comfort letter is an official written statement usually issued by an auditor, parent company, or bank that provides assurance about a company’s financial standing or credibili

The modern banking system has many branches. Some banks focus on everyday clients, while others serve large companies that move millions every day. By exploring retail vs corporate banking, it becomes clear how financial institutions separate services for individual customers and for companies.  What Is Retail Banking? Define retail banking When we define retail banking, we mean the part of the financial sector that serves individual customers, rather than businesses. Retail

Company expansion, market entry, privatization, and development can bring certain challenges in addition to advantages. Sometimes governments and companies do not want to give ordinary shareholders leverage, and that is when golden shares come into play. A golden share is a special type of share that grants its holder extraordinary rights – such as veto power – that exceed those normally associated with share ownership. Today,  Icon.Partners  will reveal the answer to the que

Poison Pill Explained Poison pill definition and meaning A poison pill is a defensive mechanism designed to discourage or delay a hostile takeover by making it more expensive or less attractive. In corporate law, the poison pill meaning is a rights plan letting shareholders buy cheap stock when someone buys too much. The plan grants existing shareholders rights to purchase additional shares at a steep discount if any investor acquires more than a specified threshold (typicall