banking industry
16
3.2
- noun
- /ˈbæŋkɪŋ ˈɪndəstri/
:
sector bancario
- Despite little competition, the banking industry has operated conservatively because of overly rigid bureaucratic controls.
But the fact that Apple is beginning to look and act like a bank raises questions about eventual disruption in the banking industry and of big tech in general.
- But the fact that Apple is beginning to look and act like a bank raises questions about eventual disruption in the banking industry and of big tech in general.
- I looked at what my long term potential earnings and lifestyle would look like if I stayed in the banking industry.
Examples
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And so the banking industry has been plagued by frequent crises throughout history.
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For more than two decades, he has written about the commercial banking industry.
Blog text (20) -
Then you will have a healthy U.S. banking industry.
Academic text (1997) -
Last thought: The banking industry leads the world in protection and security practices.
Blog text (16) -
Adjustment costs in the banking industry have been high not only in this country but around the world.
Academic text (1993) -
You control a large portion of your country's banking industry.
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The banking industry challenged the law, but a federal judge upheld it earlier this year.
Academic text (2004) -
I have another thought: doesn't he get large amounts of campaign donations from the banking industry?
Blog text (7) -
Moreover, business students understand the sensitivities of the credit system, confidence in the banking industry, and potential threats of insolvency in international markets.
Academic text (2011) -
The new regulations are expected to have a significant impact on the banking industry as a whole.
Synonyms
534
2.8
The business of managing money and accounts at a bank
42
3.0
All the banks in a country that work together to manage money and payments
Surface Forms
Morphology
The meaning 'sector of the economy consisting of banks and related financial institutions' is directly and compositionally derived from combining 'banking' (the business of handling money) with 'industry' (a sector producing goods or services). This noun-noun composition (field/activity + industry) is cross-linguistically common and follows a predictable pattern, so a B1 learner who knows both constituents will readily infer the MWE meaning.
Etymology
Banking industry may come from a simple market image: long ago moneylenders sat at a wooden bench called a 'banco', so banking meant the work done at those benches. So, when many of these 'banks' and their work were joined, people called the whole industry the banking industry, meaning all the 'banks' and their 'business', which is why today it refers to the whole area of banks and services.