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Bank News

  • BofA looks to fill CRE lending void
    Bank of America is showing more interest in commercial real estate lending while other lenders are pulling back, executives said. But they also said that they learned their lesson from the financial crisis and will proceed cautiously.
    American Banker.  Wed, 17 Oct 2018 03:44:25 GMT.
  • USAA dips toe into small-business lending
    The San Antonio bank will refer customers seeking small-business loans to StreetShares, a financial startup that is similarly focused on serving veterans of the U.S. military.
    American Banker.  Wed, 17 Oct 2018 03:44:25 GMT.
  • Bank agrees $480m penalty over 'dogs***' loans
    Nomura has agreed to pay $480m (£364m) to settle US claims relating to the mis-selling of mortgage-backed securities ahead of the financial crisis.
    Sky News.  Tue, 16 Oct 2018 16:05:00 +0100.
  • RBA eyes royal commission economic impact
    The Reserve Bank of Australia is watching whether tighter lending standards as a result of the financial services royal commission adversely affects ...
    Daily Mail.  Tue, 16 Oct 2018 03:56:03 +0100.
  • Banks and insurers must plan for climate change risks, says Bank of England
    UK regulators said they want companies to come up with 'credible' plans to protect themselves from financial risks associated with climate change
    Caitlin Morrison.  The Independent.  Mon, 15 Oct 2018 12:12:00 +0000.
  • Barclays to challenge Goldman in digital-only bank market: FT
    Barclays Plc is launching a retail account that will offer U.S. consumers a low-cost, digital-only bank with the backing of a major financial institution, the Financial Times reported on Sunday.
    Reuters.  Sun, 14 Oct 2018 15:36:15 -0400.
  • Philippines mulls sponsoring catastrophe bond issue
    The Philippines' finance ministry said on Sunday it was exploring a plan to sponsor a catastrophe bond issue, similar to the one launched by the World Bank early this year covering Latin American earthquakes.
    Reuters.  Sun, 14 Oct 2018 07:56:34 -0400.
  • The 7 Best Bank ETFs for American Bulls
    Bank stocks and other financial equities are back in the spotlight again with the dawn of another earnings season. And any wind in their sails is sure to be felt by bank ETFs. ...
    Kiplinger.  Fri, 12 Oct 2018 13:52:57 -0400.
  • Fed's Evans says it's time to 'readjust the policy stance' and keep raising rates
    The recent slide in stocks has not persuaded Chicago Federal Reserve President Charles Evans that the central bank should stop raising interest rates.
    CNBC.  Fri, 12 Oct 2018 13:27 GMT.
  • Bank Supervision (Information)
    Congress created the Federal Reserve System in 1913. Learn about the role of the Fed in establishing competitive banking practices, protecting consumer transactions, and assuring stable markets.
    http://www.federal-reserve.org/bank-supervision.htm
  • Jumblex.org Bank Page (Directory Page)
    This bank category page lists editorially-reviewed websites and web pages that pertain to this topic.
    http://en.jumblex.org/bank/

Bank Definition(s)

The word bank is a noun.  Bank means (1) a flight maneuver; aircraft tips laterally about its longitudinal axis (especially in turning), (2) a building in which commercial banking is transacted, (3) a container (usually with a slot in the top) for keeping money at home, (4) a financial institution that accepts deposits and channels the money into lending activities, (5) an arrangement of similar objects in a row or in tiers, (6) a long ridge or pile, (7) sloping land (especially the slope beside a body of water), (8) 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, (9) the funds held by a gambling house or the dealer in some gambling games, (10) a supply or stock held in reserve for future use (especially in emergencies).
Bank is also a verb that means (1) have confidence or faith in, (2) cover with ashes so to control the rate of burning, (3) enclose with a bank, (4) tip laterally, (5) put into a bank account, (6) be in the banking business, (7) act as the banker in a game or in gambling, (8) do business with a bank or keep an account at a bank.
Bank Sign
bank sign on a building

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