Congressional Research Service Reports - 2 Matching Results

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Mixing Banking and Commerce Using Federal Deposit Insurance: Industrial Banks and Nonbank Banks

Description: Despite explicit Federal legislation forbidding combining commercial banking with commerce, it remains possible through corporate ownership to combine two kinds of banks with nonbanking activities. Federal legislation does permit combinations that have the effect of allowing some commingling, as is shown below. Continuing efforts to encourage these mixtures may be patterned on industrial banks or nonbank banks, whose operations are favorable for owners such as insurance, securities, or industri… more
Date: August 26, 1993
Creator: Jackson, William D.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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