megabank

English

Etymology

From mega- +‎ bank.

Noun

megabank (plural megabanks)

1. (informal) A major bank (financial institution).
   • 2008 February 27, Eric Dash, “Small and Midsize U.S. Banks Beginning to Struggle in Credit Crisis”, in New York Times‎^[1]:

     “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:

     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.

Translations

major bank

• Chinese:

  Mandarin: 大銀行／大银行 (dà yínháng)

• Finnish: jättipankki
• French: please add this translation if you can
• Japanese: メガバンク, megabanku
• Russian: please add this translation if you can