Similarly, the directors of FleetBoston's fund subsidiary, Columbia Advisors, have not asked for the parent bank's resignation as fund manager.
Raiffeisen's parent bank, Raiffeisen Zentralbank Oesterreich, for example, is one of the biggest mortgage lenders in Austria, where home-loan rates are often tied to Euribor.
Under French accounting rules, a stake of this size would require the parent bank to treat Mr Pinault's operations as related in its own accounts.
The High Court heard that tens of millions of pounds was held in the UK and frozen by the government during the crisis that engulfed KSFIOM's Icelandic parent bank, Kaupthing.
The court has previously heard that tens of millions of pounds was held in the UK and frozen by the UK government during the crisis that engulfed its Icelandic parent bank, Kaupthing.
Merrill has been busy promoting the advantage its advisor force (16, 000 strong by the way ) has by being able to cross-sell bank products from parent company Bank of America.
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The problem with this, argue some (including the Fed), is that only the Fed has broad powers to examine a bank's parent and its non-bank subsidiaries and act to stop problems elsewhere spreading to the insured bank.
UBS's Warburg Dillion Read subsidiary has been regarded as one of the more successful bank-owned investment banks, not least because its pre-merger parent, Swiss Bank, was ruthless about organisational change and was also willing to put the subsidiary in charge of all corporate lending.
The repeal meant only that a bank holding company, or parent corporation, could own both a commercial bank, and an investment bank.
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For example, many people succeed to an account opened by their parent at a European bank.
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The deal left former parent Toronto-Dominion Bank with a 33% stake (it has since increased that to a predetermined maximum of 39.9%).
Leading this market are turnarounds like the NationalBank of Greece, the corporate parent of the Atlantic Bank of New York.
NBG's parent, the National Bank of Greece, owns several big banks in Bulgaria and Macedonia and has branches all over Serbia.
The deal left former parent Toronto-Dominion Bank (nyse: TD - news - people ) with a 33% stake (it has since increased that to a predetermined maximum of 39.9%).
One of the issues the lawyers for Caribou confronted was if and how to disclose the fact that its principal shareholder, Crescent and its parent First Islamic Investment Bank, which had changed their names to Arcapita Inc. and Arcapita Bank B.
MBf officials deny that the company is now negotiating with Public Bank, the parent of Public Finance.
Clydesdale Bank's parent company has reported making "good progress" in its drive to restructure its UK operations.
He will be replaced by Cameron Clyne, who is chief executive of Clydesdale's parent group, National Australia Bank.
The parent company of the Clydesdale bank has said it will not engage in a "desperate fire sale" of its UK businesses.
RBS, the bank's parent company, said the glitch had been resolved.
Also stepping down early is Leonhard Fischer, the head of Dresdner Bank's investment banking and markets division and a director of Allianz, the bank's parent.
"We will be working hard with impacted colleagues to offer ongoing support which includes redeployment options within the bank and its parent company The Co-operative Group, " the spokeswoman added.
Banks like Ally and like TD Bank, the parent company of TD Auto Finance, the former Chrysler Financial, can use deposit accounts to originate auto loans and leases.
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However, their hopes of a quick purchase suffered a blow when CB Holding's parent company - Straumur-Burdaras Investment Bank - had its debt payments frozen until September 2010.
Nasdaq has delisted the parent company's stock, and its bank could, at any time, force the company into default.
Having bailed out the savings bank's scandal-stricken parent, Bankgesellschaft Berlin, the city government looks likely to sell it to an American bidder.
Nick Pickles, from civil liberties group Big Brother Watch, said that when children leave home it is not uncommon for them to use their parent's address for their correspondence and bank account details.
Nevertheless, it admitted that discussions were continuing with the Financial Services Authority, the Bank of England and Laiki's parent company in Cyprus.
The Bank of Cyprus (UK) is separately capitalised from its parent company and its customers are included within the UK Financial Services Compensation Scheme.
Mr. Madoff's many honorable and accomplished clients chose to deal with their man outside the institutional checks that come from, say, a heavily regulated bank or a highly transparent mutual fund, perhaps one whose parent is also publicly traded and doubly subject to the checks of a watchful stock market.
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