bank run

(redirected from Bank Runs)
Also found in: Thesaurus, Financial.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.bank run - the concerted action of depositors who try to withdraw their money from a bank because they think it will failbank run - the concerted action of depositors who try to withdraw their money from a bank because they think it will fail
bank withdrawal - the withdrawal of money from your account at a bank
References in periodicals archive ?
But if there is a crisis, that safety is actually the prescription for bank runs.
Besides the well-known examples of bank runs in developed countries such as Northern Rock in the UK, IndyMac and Wachowia in the US or DSB Bank in the Netherlands bank runs occurred also in central and Eastern Europe.
The old generation private bank runs 525 branches country-wide.
Escudero then asked if the bank secrecy laws are still effective and if there would be any adverse effects, such as bank runs, if Congress decides to repeal them.
Possible legislative amendments safeguarding the country's financial stability and preventing bank runs similar to those in June are also on the agenda.
Worse yet, people in other EU countries realised the awful truth: EU bailouts CAN cause bank runs.
Bank runs in those countries could spell the end of the euro.
Historically, economic and financial crises (the US and Europe in the 1930s) have been triggered by bank runs and the imposition of 'bank holidays'.
Prospects that from now on the troika will demand that private depositors take a hit as the price of a bailout raises the specter of bank runs in countries like Italy and Spain.
However, if signals are too noisy, bank runs may occur too often when fundamentals are strong.
BANK RUNS Draghi was speaking at a packed parliament hearing as head of the region's recently created super-watchdog, the European Systemic Risk Board (ESRB), but questions and his answers regularly centred on the role of the ECB.
The US, China and other countries piled pressure on Europe to come to grips with its debt crisis before it risks causing bank runs and pushing the global economy into ruinous recession.