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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Keep track of learning progress with our comprehensive data

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Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

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Featured Pathways

More pathways

Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Book a demo

Pricing

Ready to get started?

Plans & Membership

Our Platform

Expert led content

+1,000 expert presented, on-demand video modules

Learning analytics

Keep track of learning progress with our comprehensive data

Interactive learning

Engage with our video hotspots and knowledge check-ins

Testing & certification

Gain CPD / CPE credits and professional certification

Managed learning

Build, scale and manage your organisation’s learning

Integrations

Connect Finance Unlocked to your current platform

Featured Content

More featured content

Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

More featured content

Book a demo

Pricing

Ready to get started?

Book a demo

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Lien

A lien is a claim or legal right against assets that are typically used as collateral to satisfy a debt. Homeowners taking out a mortgage to purchase a property do not own the property until the mortgage has been repaid in full. Until that point, the mortgage lender has a first lien on the property. A lien is a claim on an asset where the asset serves as collateral or security for the loan to purchase it. In the context of property, a first-lien mortgage lender has the legal right to take possession of the property and liquidate it to repay the loan if the terms of the mortgage agreement are not kept. For homeowners taking out a second mortgage, the second mortgage lender stands behind the first-lien lender and has a so-called second lien on the property. In LBOs (cf.) second lien loans are widely used as a form of secured financing to get transactions over the line if transaction terms exceed the lending ceilings of unsecured lenders. Second-lien loans are also common in recapitalisations. Generally speaking, second-lien facilities appeal to alternative investors such as hedge funds, distressed and credit opportunities funds.

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