Share this entry

casino banking Line breaks: ca¦sino bank|ing

Definition of casino banking in English:

noun

[mass noun] informal, derogatory
The practice whereby a commercial bank engages in unduly speculative or risky financial activities with the aim of achieving high profits: the banking needed by the economy could be closely regulated and casino banking could be left to its separate, freewheeling devices
More example sentences
  • Could it be that manufacturing might provide unspectacular returns by comparison with casino banking?
  • Forcibly break up banks into retail and investment banking divisions to separate savers from "casino banking".
  • Events in America last week showed how the contagion in so-called investment banking - I prefer casino banking - is murdering honest-to-God commercial banking.

Derivatives

casino bank

1
noun
Example sentences
  • We want it to be more than an up and running brand within the giant casino bank.
  • It is no longer sufficient to save the banks, because most people do not want the casino banks, and the casino bankers, to be saved.

casino banker

2
noun
Example sentences
  • He was seen as the kingpin of the so-called casino bankers who left taxpayers with a £850 billion bill to bail out the institutions they led.
  • It is no longer sufficient to save the banks, because most people do not want the casino banks, and the casino bankers, to be saved.

Share this entry

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources