To Preserve the Authority of the Federal Banking Supervisory Agencies to Arrange Interstate Acquisitions and Mergers for Failed and Failing Banks: Hearings Before the Subcommittee on Financial Institutions Supervision, Regulation, and Insurance of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, Ninety-ninth Congress, Second Session, on H.R. 4701 ... May 1, 6, 7, and 8, 1986
United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation and Insurance
U.S. Government Printing Office, 1986 - Bank failures - 608 pages
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able acquired acquisition additional agencies allow Amendments application areas asked Assets assistance authority bank holding company bank supervisor Barnard believe benefits bill Board capital certainly Chairman St Germain changes CITY Committee concerns Congress consider consumer continue Corporation cost County danger of closing deal deposits effect emergency emergency acquisition existing expand fact failing bank FDIC Federal FSLIC fund give going hearing Home House important in-state increased industry institutions interstate interstate acquisition interstate banking issue legislation limited loan Location look meet million National Bank necessary out-of-state period permit possible potential powers present problem proposed provisions purchase question reasonable recapitalization regional regulators Reserve response savings situation solution specific statement structure Subcommittee Subsidiary suggested testimony Texas Thank threshold tion transaction troubled units Volcker
Page 532 - ... is likely to cause insolvency or substantial dissipation of assets or earnings of the bank, or is likely to otherwise seriously prejudice the interests of its depositors, the agency may issue a temporary order requiring the bank to cease and desist from any such violation or practice.
Page 256 - Statement by Paul A. Volcker Chairman, Board of Governors of the Federal Reserve System before the Subcommittee on Financial Institutions Supervision, Regulation and...
Page 329 - States, or (B) any other proposed merger transaction whose effect in any section of the country may be substantially to lessen competition, or to tend to create a monopoly, or which in any other manner would be in restraint of trade, unless it finds that the anticompetitive effects of the proposed transaction are clearly outweighed in the public interest by the probable effect of the transaction in meeting the convenience and needs of the community to be served.
Page 257 - It is a major responsibility that can best be met by establishing audit sites at the Federal Reserve Board, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency.
Page 430 - I would ask that the text of my written comment be included into the hearing record, and I would be pleased to answer any questions. Thank you. [The prepared statement of Mr.
Page 327 - Impact of Bank Holding Companies on Competition and Performance in Banking Markets.
Page 325 - Concentration in Banking and Its Effect on Business Loan Rates," Review of Economics and Statistics (August 1964) pp. 294-300.
Page 286 - Federal supervisory authority to "assess the institution's record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with the safe and sound operation of such institution...