casino banking

casino banking

n
an approach to banking which risks losing investors' money in the quest for maximizing profits
References in periodicals archive ?
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 altered the Libor rate and used casino banking but Westminster did little as the country fell to its knees.
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.
With accounts modelled on casino banking and ownership signed over to the unlikeliest of saviours - a skint Arab businessman whose existence was only a distant rumour - Portsmouth were saved by the bell in the High Court.
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.
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.
Casino banking is the practice whereby a commercial bank engages in unduly speculative or risky financial activities with the aim of achieving high profits.
Governor Subbarao said that nations had to be careful against non-inclusive growth and a casino banking attitude.
Four years ago when our financial institutions were engulfed, we blamed something called casino banking.
He said that there has been for many years a blight that is called the casino banking system, dominated by speculation and governed by high risk and high return.