Meaning of megabank | Babel Free

Definitions

A major bank (financial institution).

informal

Equivalents

Examples

““The megabanks get⟳ all the headlines,” said Jaret Seiberg, a research⟳ analyst for the Stanford Group, a private wealth management and banking firm.”

“The second reason⟳ offered for blanket nonprosecutions for crimes committed at the megabanks involves the possibility that such prosecutions could harm⟳ the economy.”

“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.”

CEFR level