Additionally, members of bank holding companies that have broker dealers cannot serve as so-called public representatives.
R. 1965 would remove the pressure of the current shareholder cap for small banks and bank holding companies.
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Did I mention that the Program initially targets only thirty-five bank holding companies?
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Other activities of the large bank holding companies were less profitable last year.
Interestingly, Moody's tends to rate the debt of bank holding companies lower than the debt of their operating subsidiaries.
Then in 2011, all three of the above bank holding companies saw modest year-over-year increases in service charges on deposit accounts.
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Big bank holding companies are much more tightly regulated than investment banks.
The repeal of hopelessly outdated Glass-Steagall eased the financial crisis, by enabling commercial bank holding companies to purchase and rescue failing investment banks.
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In a press release today the regulator detailed capital and liquidity requirements of large bank holding companies and systemically important non-bank financial firms.
These notes were akin to subordinated debt of bank holding companies: They provided a capital cushion to help protect policyholders from any future unpleasantness.
The Europeans, like their American counterparts, want to water down a provision that forces bank holding companies to set aside more capital for risky activities.
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She offered to give bank holding companies two years to comply.
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Most of it is on the balance sheets of the 10 large U.S. bank holding companies, including Citigroup, Bank of America, JPMorgan Chase and Goldman Sachs.
Some of the biggest banks, and all bank holding companies, are also supervised by states but in conjunction with the local branches of the Federal Reserve.
Volcker said the rule named for him prohibiting proprietary trading by the bank holding companies which have access to the Federal Reserve just 35 pages.
The oft-cited repeal of Glass-Steagall, for example, actually eased the crisis, by enabling the market rescue of failing investment banks and brokerage firms by commercial bank holding companies.
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They'll now become bank holding companies regulated by the Fed.
Right now, the Fed supervises some 5, 000 bank holding companies, 850 state-chartered banks and foreign banks operating in the U.S., and it has broad oversight of large financial firms.
This week, her contentious primary run off victory behind her, Lincoln proposed to soften the swaps provision, allowing banks to keep swaps operations but in separately capitalized subsidiaries under bank holding companies.
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It analyzed the largest bank holding companies in terms of total assets according to the National Information Center, a repository of financial data and institution characteristics collected by the Federal Reserve System.
On Sunday, the Fed quickly approved applications filed over the weekend by Goldman Sachs and Morgan Stanley to convert to bank holding companies, ending the modern era of Wall Street banks that operated largely without accountability.
Goldman Sachs and Morgan Stanley, the last survivors among the five major Wall Street investment banks, would transform into bank holding companies in what amounted to the end of an era begun almost a hundred years earlier.
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With modern bank holding companies engaged in both the securities business and the commercial banking business (at its core taking deposits and making loans), how are the regulators going to mesh these laws together in their regulatory activities?
We only assessed the 20 largest bank holding companies in terms of total assets, as of December 2012, according to the National Information Center, a repository of financial data and institution characteristics collected by the Federal Reserve System.
Dodd says there are "alternatives" to forcing lawmakers to craft last-minute legislation, such as the Treasury making money immediately available to auto companies, or the Fed approving applications from Chrysler Financial and GMAC to become bank holding companies.
"The nation's largest bank holding companies have continued to improve their ability to withstand an extremely adverse hypothetical economic scenario and are collectively in a much stronger capital position than before the financial crisis, " the US central bank said in a statement.
Now that Morgan Stanley and Goldman Sachs, the last two remaining big independent Wall Street firms, have converted to bank holding companies, a legal switch that placed them under the regulatory authority of the Federal Reserve, Mack insists that proper supervision is in place.
These critics think that the government was misguided in treating bank holding companies (firms that have control over at least one bank and also have sprawling non-bank financial operations), which are regulated by the Federal Reserve, differently from small regional banks, which are regulated by the F.
Goldman Sachs and Morgan Stanley were allowed to convert to bank holding companies, putting them under the auspices of the Fed, in late September, an SEC ban on short sales in hundreds of financial shares also came in late September, and well, the Utah bank idea went nowhere.
"Now in its third year, the Federal Reserve's review of capital plans provides a regular, structured, and comparative way to promote and assess the capacity of large bank holding companies to understand and manage their capital positions, with particular emphasis on risk-measurement practices, " Federal Reserve governor Daniel Tarullo said.
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