Edge Corporation Branching, Foreign Bank Takeovers, and International Banking Facilities

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EDGE CORPORATION BRANCHING; FOREIGN BANK
TAKEOVERS; AND INTERNATIONAL BANKING FACILITIES

HEARINGS

BEFORE THE

COMMITTEE ON

BANKING, HOUSING, AND URBAN AFFAIRS
UNITED STATES SENATE

NINETY-SIXTH CONGRESS

FIRST SESSION

ON

OVERSIGHT ON THE INTERNATIONAL BANKING ACT, THE
NEW EDGE ACT REGULATIONS AND THE ISSUE OF FOREIGN
ACQUISITION OF UNITED STATES BANKS

COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS

WILLIAM PROXMIRE, Wisconsin, Chairman

JAKE GARN, Utah

JOHN TOWER, Texas

JOHN HEINZ, Pennsylvania
WILLIAM L. ARMSTRONG, Colorado

HARRISON A. WILLIAMS, JR., New Jersey
ALAN CRANSTON, California
ADLAI E. STEVENSON, Illinois
ROBERT MORGAN, North Carolina
DONALD W. RIEGLE, JR., Michigan
PAUL S. SARBANES, Maryland
DONALD W. STEWART, Alabama
PAUL E. TSONGAS, Massachusetts

NANCY LANDON KASSEBAUM, Kansas
RICHARD G. LUGAR, Indiana

KENNETH A. MCLEAN, Staff Director
M. DANNY WALL, Minority Staff Director
CHARLES L. MARINACCIO, Special Counsel
JOHN T. COLLINS, Special Counsel to the Minority
PAUL FREEDENBERG, Minority Professional Staff Member

(II)