casino banking
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...
- 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
- 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
- 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.