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Purchasing-power parity theory postulates that the change in the exchange rate between two currencies is proportional to the change in the ratio in the two countries' general price levels
Citizens Financial Group
A financial institution offering a range of banking and financial services.
Insider Trading
The illegal activity of trading a public company's stock or other securities by individuals with access to non-public, material information about the company.
Material Nonpublic Information
Confidential, significant information about a company that has not been released to the public and could affect its stock price or investment decisions.
Financial System
The complex of institutions, including banks, markets, and regulators, that facilitate the flow of funds between savers and borrowers.
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