We can demonstrate the link between two nouns either by using possessive forms (the US bank's finance division / the finance division of the US bank) or compound nouns (the US bank finance division).

In English possessive adjectives are words such as 'my', 'your', 'his', 'her', 'our' and 'their'. Possessive adjectives come before the noun and must agree with the noun that follows them.

As I indicated the other day, I find grotesque the possessive form of “Congress” that Justice Ginsburg used in her recent dissent—“Today’s decision returns the ball to Congress’ court ...

Effect: A result. Example: The new law had a significant effect on the economy. Their: Possessive form of "they". Example: Their car is parked outside. There: Refers to a place. Example ...