toxic bank

toxic bank

n
another name for bad bank
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 ?
A DEMONSTRATOR caught with blue paint on his hands and face, next to a blue "toxic bank" slogan, painted on a branch of Barclays, was found not guilty of causing criminal damage.
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?
Interestingly, toxic loan, toxic bank, toxic debt, and toxic asset maintained their GC position: they were popular in Sun's discourse and used to connect various topics.
Anglo Irish Bank, which has been referred to as 'the world's most toxic bank', was nationalised by the Irish government in January 2009 following management scandals and a collapse in commercial real estate values in Ireland.
The (http://www.independent.ie/business/irish/theyve-signed-our-death-warrant-says-drumm-in-latest-anglo-tape-29381746.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.
9 Where was a 41-year-old man arrested after a cement truck emblazoned with the words 'Anglo Toxic Bank' was driven up to its gates?
Written across the truck's barrel in red letters were the words: "Toxic Bank Anglo." Police said they had arrested a 41-year-old man.
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.