toxic bank

toxic bank

n
another name for bad bank
References in periodicals archive ?
AFTER seeing the cases of people being ripped off by RBS, and their now infamous GRG section, is it not about time this untrustworthy and toxic bank were shut down and all senior executives prosecuted?
During the crisis period (Figure 6a), toxic debt, toxic loan, toxic bank, and toxic asset rank highly on the globally central (GC) structural role.
html) latest set of tapped phone conversations between Anglo Irish Bank bosses, put out by Ireland's Independent newspaper, reveal how the then government had disregarded Merrill's recommendation about the toxic bank in late 2008.
Despite Merkel's comments, euro zone officials said they were exploring the possibility of sharing the cost of dealing with "legacy" toxic bank assets between the ESM and host governments, a crucial step to break to so-called "doom loop" between sovereigns and banks.
Despite Merkel's comments, eurozone officials said they were exploring the possibility of sharing the cost of dealing with "legacy" toxic bank assets between the ESM and host governments, a crucial step to break to so-called "doom loop" between sovereigns and banks.
The country's exposure to toxic bank loans is extremely worrying and its budget deficit, like that of its European Union neighbors, is many times higher than the 3% Eurozone limit.
Not wanting to miss the chance of meeting a living saint, I queued up to meet Amma, who unlike toxic bank Nama, promises to bring contentment to this troubled island.
Yet during that decade of the '80s we had very high unemployment," Paulsen said, adding toxic bank debt and bank failures to the list of mid-'80s woes.
Global Banking News-4 June 2009-FDIC delays pilot sale of toxic bank loans(C)2009 ENPublishing - http://www.
A veteran of the 1980s Resolution Trust Corporation (RTC) clearance of an earlier decade's toxic bank assets, Louis Fisher, president North Miami, Florida-based property auction company AmeriBid LLC offered a comparison between that earlier crisis and the current one.
Distressed asset funds targeting US toxic bank assets are being set up at a rapid clip using Cayman Islands legal structures, said Charles Jennings, managing partner of the law firm Maples & Calder, reports Reuters (March 11, 2009).
plan to clean up toxic bank assets encouraged yen selling.