banks banks  /ˈbæŋks/

Definition(s):

  • (n) English botanist who accompanied Captain Cook on his first voyage to the Pacific Ocean (1743-1820)

Usage(s):

  1. A city councilman in Miami Gardens, Florida has proposed an ordinance that could penalize banks that fail to offer modifications before starting foreclosure proceedings.
  2. Monday is the deadline for banks to submit their plans for repaying taxpayers.
  3. But six small country banks found the excitement too much, failed to open.

News

  1. Banks offer Fed a crisis plan, WSJ reports

    Several banks (WFC, BAC, C) have floated to federal regulators a proposal on how to pay for a restructuring of the nation's largest financial institutions in the event of a future crisis, sources say. ...
    on June 24, 2013     Source: Theflyonthewall.com via Yahoo! Finance

  2. Banks Present Crisis Plan to the Fed: Report

    U.S. banks have given a proposal to regulators on how to pay for restructuring in future crises, the Journal said.
    on June 24, 2013     Source: CNBC

  3. Banks present crisis plan to the Fed: WSJ

    (Reuters) - U.S. banks have given a proposal to federal regulators on how to pay for restructuring the country's too-big-to-fail institutions in the event of a future crisis, the Wall Street Journal reported, citing people familiar with the conversations. The Journal said the proposal, given to the U.S. Federal Reserve at a private meeting on May 22, is an effort by banks to pre-empt tougher ...
    on June 24, 2013     Source: Reuters via Yahoo! News

Quotes

  1. Obama called the ruling "a major victory for big oil, Wall Street banks, health insurance companies and the other powerful interests that marshal their power ...... in Washington to drown out the voices of everyday Americans."
    on Jul 6, 2010 By: Barack Obama Source: New York Daily News

  2. "Our major banks have significant franchise values," Bernanke said. "There is no commitment by any means to never shut down a big bank, absolutely not, but I do believe that the major banks we have now can be stabilized."
    on Feb 24, 2009 By: Ben Bernanke Source: International Herald Tribune

  3. The AP notes Treasury Secretary Henry Paulson said yesterday that even with the rescue "program to buy bad assets from financial institutions, some banks will fail. He also called for patience saying 'the turmoil will not end quickly and significant...
    on Oct 9, 2008 By: Henry Paulson Source: U.S. News & World Report

Word of the Day
amalgamation amalgamation
/ə ˌmæl ɡə ˈmeɪ ʃən /