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Money Center Banks

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Money center banks
Banks that raise most of their funds from the domestic and international money markets , relying less on depositors for funds.
Money Center Bank
A large commercial bank in a major city. Smaller banks use the interest rates and business practices of money center banks to influence their own. For that reason, money center banks are considered leaders (at least regionally). They are also called money market center banks.
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While no one expects regulators to declare the money center banks insolvent, they are watching to see whether Geithner will allow the weakest of the examined banks to fail.
STRESS TESTING THE STRESS TEST by Jane Sasseen and Theo Francis / BusinessWeek
Investors are pushing the shares of all money center banks higher.
Wells Fargo reports loss, won't ask for more capital by AFP / AFP American Edition
Investors are pushing the shares of all money center banks higher.
Wells Fargo reports loss, won't ask for more capital by AFP / AFP Global Edition
 
 
 
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