"Foreign banks and the regulation of financial holding companies"
- It is an established policy in the United States to separate commercial banking (the business of taking deposits and making commercial loans) from other commercial activities. The separation of banking and commercial activities is achieved by federal and state banking laws, which enumerate the powers that banks may exercise, the activities that banks may engage in, and the investments that banks may lawfully make, and expressly exclude banks from certain activities or relationships. Some of these provisions could be circumvented if a nonbank company could carry on banking activities through a banking subsidiary and nonbanking activities either itself or through a nonbanking subsidiary.
Author: | Michael GrusonGND |
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URN: | urn:nbn:de:hebis:30-7644 |
URL: | http://www.jura.uni-frankfurt.de/42780841/arbeitspapiere |
Parent Title (German): | Institut für Bankrecht (Frankfurt, Main): Arbeitspapiere ; Nr. 92 |
Series (Serial Number): | Arbeitspapiere / Johann-Wolfgang-Goethe-Universität, Institut für Bankrecht (92) |
Publisher: | Institut für Bankrecht |
Place of publication: | Frankfurt am Main |
Document Type: | Working Paper |
Language: | English |
Year of Completion: | 2002 |
Year of first Publication: | 2002 |
Publishing Institution: | Universitätsbibliothek Johann Christian Senckenberg |
Release Date: | 2005/04/11 |
Page Number: | 168 |
Source: | Institut für Bankrecht, Arbeitspapiere 92 |
HeBIS-PPN: | 202712095 |
Institutes: | Rechtswissenschaft / Rechtswissenschaft |
Dewey Decimal Classification: | 3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft |
3 Sozialwissenschaften / 34 Recht / 340 Recht | |
Licence (German): | Deutsches Urheberrecht |