Hearings, Reports and Prints of the House Committee on Banking, Currency, and HousingU.S. Government Printing Office, 1980 |
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Términos y frases comunes
95th Congress acquisition affiliated application approved assets Association bank holding companies bank stock loan bank underwriting BARNARD benefits bill bond issues borrowers CAGAN casualty insurance CAVANAUGH Chairman ST GERMAIN commercial banks competition Comptroller Congress consumer Corporation credit life insurance customers dealer banks debt dividends DONALD BROWNE effect engage extensions of credit Federal Reserve Board Federal Reserve System finance companies FUGATE going grandfather clause HANLEY Holding Company Act IIAA income tax independent insurance agents insurance activities insurance agency activities insurance business insurance companies investment bankers issuers KREMER legislation lenders lending merger mortgage insurance multibank holding companies municipal bonds National Bank number of bids obligation bonds one-bank holding company percent permitted property and casualty property insurance purchase question regulation regulatory reoffering yields result revenue bonds ROBINSON sale of credit sale of insurance savings securities industry statement subsidiaries Thank tie-in tion transaction VAUGHAN WYLIE
Pasajes populares
Página 905 - Board shall consider whether its performance by an affiliate of a holding company can reasonably be expected to produce benefits to the public, such as greater convenience, increased competition, or gains in efficiency, that outweigh possible adverse effects, such as undue concentration of resources, decreased or unfair competition, conflicts of interest, or unsound banking practices.
Página 1003 - The limitations and restrictions herein contained as to dealing in, underwriting and purchasing for Its own account, investment securities shall not apply to obligations of the United States, or general obligations of any State or of any political subdivision thereof, or obligations...
Página 357 - Board after due notice and opportunity for hearing has determined (by order or regulation) to be so closely related to banking or managing or controlling banks as to be a proper incident thereto.
Página 818 - To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin and bullion; by loaning money on personal security; and by obtaining, issuing and circulating notes according to the provisions of this Title.
Página 452 - Association, the National Association of Counties, the National League of Cities, and the United States Conference of Mayors are assisting us in this effort.
Página 692 - No officer, director, or employee of any corporation or unincorporated association, no partner or employee of any partnership, and no individual, primarily engaged in the issue, flotation, underwriting, public sale, or distribution, at wholesale or retail, or through syndicate participation, of stocks, bonds, or other similar securities...
Página 691 - The business of dealing in securities and stock by the association shall be limited to purchasing and selling such securities and stock without recourse, solely upon the order, and for the account of, customers, and in no case for its own account, and the association shall not underwrite any issue of securities or stock: Provided, That the association may purchase for its own account investment securities under such limitations and restrictions as the Comptroller of the Currency may by regulation...
Página 852 - Act, to be so closely related to banking as to be a proper incident thereto (subject to such terms and conditions contained in such regulation or order, unless modified by the Board);".
Página 230 - Over and over again courts have said that there is nothing sinister in so arranging one's affairs as to keep taxes as low as possible.
Página 923 - ... the customer's proportionate interest in fund assets. Units of participation are freely redeemable, and transferable to anyone who has executed a managing agency agreement with the bank. The fund is registered as an investment company under the Investment Company Act of 1940. The bank is the underwriter of the fund's units of participation within the meaning of that Act.