casino banking

casino banking

n
an approach to banking which risks losing investors' money in the quest for maximizing profits
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive ?
Slashing the welfare state to pay off the huge debts accumulated from bailing out Britain's casino banking industry in 2008 has deepened the financial and political divisions in the country.
One can hardly blame the EU for a financial system dominated by the Americans and China, or for the casino banking practices of UK bankers.
"Banks are now safer and better capitalised, and the Liberal Democrat policy in government of splitting retail banking from more risky 'casino banking' has added to stability.
One reason countries like the idea of transaction taxes is that they are likely to help reduce the number of the riskiest trades, the type of 'casino banking' which helped trigger the 2008 financial crisis.
"The Tynedale Community Bank is the start of a community bank whose whole ethos is community lending, not casino banking."
It's bad enough that the ordinary working people of this country should be forced to bail out the fraudulent casino banking of the rich but to then punish us for it like this is not just obscene but sadistic.
"In terms of understanding the regions, particularly this region which has a very powerful history and a strong identity, probably the biggest thing that he will do for this region is to stop the 'casino banking' in the city of London and set up a network of regional investment banks.
The casino allows players to make deposits in multiple currencies with any of the trusted and secure casino banking methods available such as major debit and credit cards and other e-Wallet services.
Because of the arrival of the investment bankers and 'Casino Banking' from the late 90s onwards consumer banking was relegated to the second division and the investment bankers ruled the roost and in effect utterly destroyed the business models and trust that Commercial Banks had worked for decades if not centuries to create.
"In what appeared to be an international campaign towards the defamation of the banking system, the CBC started describing banking in Cyprus as casino banking -- suggesting that banks offered high rates to collect international deposits and using the cash to gamble on toxic assets.
Blackjack, also known as twenty-one, is the most widely played casino banking game in the world.[1] Blackjack is a comparing card game between a player and dealer, meaning that players compete against the dealer but not against any other players.