megabank
English
Etymology
Noun
megabank (plural megabanks)
- (informal) A major bank (financial institution).
- 2008 February 27, Eric Dash, “Small and Midsize U.S. Banks Beginning to Struggle in Credit Crisis”, in The New York Times[1], archived from the original on 26 November 2022:
- “The megabanks get all the headlines,” said Jaret Seiberg, a research analyst for the Stanford Group, a private wealth management and banking firm.
- 2017, Mary Kreiner Ramirez, Steven A. Ramirez, The Case for the Corporate Death Penalty, page 207:
- The second reason offered for blanket nonprosecutions for crimes committed at the megabanks involves the possibility that such prosecutions could harm the economy.
- 2023 March 22, Philip Oltermann, “Switzerland’s national pride dealt heavy blow by the merger of its banking titans”, in The Guardian[2], →ISSN, archived from the original on 31 March 2023:
- While the move has, for now, calmed fears of a repeat of a 2008-style domino effect, the merger has left Switzerland with a new megabank on Paradeplatz square.