Investment banking

An investment bank is a financial institution that assists individuals, corporations, and governments in raising financial capital by underwriting or acting as the client's agent in the issuance of securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities, and FICC services (fixed income instruments, currencies, and commodities).

Unlike commercial banks and retail banks, investment banks do not take deposits. From the passage of Glass–Steagall Act in 1933 until its repeal in 1999 by the Gramm–Leach–Bliley Act, the United States maintained a separation between investment banking and commercial banks. Other industrialized countries, including G7 countries, have historically not maintained such a separation. As part of the Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act of 2010), the Volcker Rule asserts full institutional separation of investment banking services from commercial banking.

Beijing

Beijing is the capital of the People's Republic of China and one of the most populous cities in the world.

Its total population in 2013 was 21,150,000. The city proper is the 2nd most populous in the world. The metropolis, located in northern China, is governed as a direct-controlled municipality under the national government with 16 urban, suburban, and rural districts. Beijing Municipality is surrounded by Hebei Province with the exception of neighboring Tianjin Municipality to the southeast; together the three divisions form the Jingjinji metropolitan region and the national capital region of China.

Beijing is the second largest Chinese city by urban population after Shanghai and is the nation's political, cultural and educational center. It is home to the headquarters of most of China's largest state-owned companies, and is a major hub for the national highway, expressway, railway, and high-speed rail networks. The Beijing Capital International Airport is the second busiest in the world by passenger traffic.

Beijing (disambiguation)

Beijing, literally northern capital in Chinese may refer to the modern city of Beijing, the capital of the People's Republic of China, or any of several other Northern Capitals in Chinese history including:

China Railways BJ

Beijing, mostly referred to as BJ, is a diesel-hydraulic locomotive used in the People's Republic of China. It is named after the capital city of China, Beijing.

BJ were made in two different versions, a standard version and a kou'an (port) version. China Railways DF7D, a diesel electric locomotive based on DF7B, has a similar appearance to the Beijing locomotive.

North Korea

From 2002 the Korean State Railway has received a number of BJ class locomotives second-hand from China. They are used mostly for heavy shunting and on local freight trains around P'yŏngyang. Thirty have been delivered, numbered in the 내연301 - 내연330 series (내연 = Naeyŏn, "internal combustion"); most are still painted in their original Chinese blue livery, but a few have been repainted into the standard North Korean scheme of light blue over dark green.

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