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banks

bangks

  • n  English botanist who accompanied Captain Cook on his first voyage to the Pacific Ocean (1743-1820)
  • n  sloping land (especially the slope beside a body of water)
  • n  a financial institution that accepts deposits and channels the money into lending activities
  • n  a long ridge or pile
  • n  an arrangement of similar objects in a row or in tiers
  • n  a supply or stock held in reserve for future use (especially in emergencies)
  • n  the funds held by a gambling house or the dealer in some gambling games
  • n  a slope in the turn of a road or track; the outside is higher than the inside in order to reduce the effects of centrifugal force
  • n  a container (usually with a slot in the top) for keeping money at home
  • n  a building in which the business of banking transacted
  • n  a flight maneuver; aircraft tips laterally about its longitudinal axis (especially in turning)
  • v  tip laterally
  • v  enclose with a bank
  • v  do business with a bank or keep an account at a bank
  • v  act as the banker in a game or in gambling
  • v  be in the banking business
  • v  put into a bank account
  • v  cover with ashes so to control the rate of burning
  • v  have confidence or faith in

  • The Federation of German Banks, which represents the main private-sector banks, has proposed something along these lines already.
  • As check cashing booms and Wal-Mart looms, banks chase a group they once ignored.
  • Back from the brink, banks are now eager to repay the government's TARP funding.
News & Articles

  • 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 ...
    June 24, 2013 - Reuters via Yahoo! News
  • 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. ...
    June 24, 2013 - Theflyonthewall.com via Yahoo! Finance
  • 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.
    June 24, 2013 - CNBC
Quotes

  • Barack Obama in New York Daily News
    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."
  • Ben Bernanke in International Herald Tribune
    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."
  • Henry Paulson in U.S. News & World Report
    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...

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