Legal Problems of Bank Regulation |
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Page 69
... Trust Funds as investment trusts for other than strictly fiduciary purposes is hereby prohibited . ” The Board consistently ruled that it was improper for a bank to use " a Common Trust Fund as an investment trust attracting money ...
... Trust Funds as investment trusts for other than strictly fiduciary purposes is hereby prohibited . ” The Board consistently ruled that it was improper for a bank to use " a Common Trust Fund as an investment trust attracting money ...
Page 72
... trust powers in 1913. Federal Reserve Act , § 11 , 38 Stat . 261 . The first common trust fund was organized in 1927 . and such funds were expressly authorized by the Federal Reserve Board by Regulation F promulgated in 1937 . Report on ...
... trust powers in 1913. Federal Reserve Act , § 11 , 38 Stat . 261 . The first common trust fund was organized in 1927 . and such funds were expressly authorized by the Federal Reserve Board by Regulation F promulgated in 1937 . Report on ...
Page 550
... trust company subsidiaries of bank holding companies : -- -- -- -- Deposits arising from trust funds not currently invested ; Deposits received under a trust instrument ; Deposits received for special use on behalf of an issuer of or ...
... trust company subsidiaries of bank holding companies : -- -- -- -- Deposits arising from trust funds not currently invested ; Deposits received under a trust instrument ; Deposits received for special use on behalf of an issuer of or ...
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acquire activities adverse effects affiliates agency amendment Applicant Applicant's approval assets authority Bancorporation bank holding company Bank's banking market banking subsidiaries Board concludes Board of Governors Board's Regulation borrower branches capital cent Clayton Act comments and views commercial banks Commission Comptroller Congress Connecticut consummation Corporation customers dividend engage entry exemption Federal Reserve Act Federal Reserve System Feldberg foreign banking geographic market Glass-Steagall Act Holding Company Act investment adviser Investment Company Act Investment Company Institute investors issue largest banking organization lease loans merger Meyerland Michigan National Michigan National Bank million mortgage National Bank nonbanking novo offices operations participating Philadelphia National Bank potential competition prohibited proposed subsidiary public interest purchase pursuant related to banking relevant Reserve Bank Section securities significant Spokane subsidiary banks supra tion total deposits transaction underwriting voting shares Washington