Meanings of financial plumbing in English

Life is far too short for otherwise sensible people to get involved in the financial plumbing of the banking system.

The $3 billion-plus sale of Nets in Denmark shows buyout firms are just as keen to buy into the world's financial plumbing.

They also play a crucial role in the nation's financial plumbing by buying mortgages from lenders and selling them as securitized loans to investors.

Central bankers in Stockholm worry they are losing control over moving people's money, while a few banks have gained pricing power over Sweden's financial plumbing.

Euroclear is a cornerstone of Europe's financial plumbing, ensuring the completion of securities transactions worth 791 trillion euros ($893 trillion) last year.