 In determining whether a particular activity is a proper incident to banking or managing or controlling banks the Board shall consider whether its performance by an affiliate of a holding company can reasonably be expected to produce benefits to the public,...  Bank holding company legislation and related issues: hearings before the ... - Page 907by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation and Insurance - 1980Full view - About this book
 | 2001 - 464 pages
...the BHC Act: CO Comply with any conditions that the Board may impose that are necessary to prevent undue concentration of resources, decreased or unfair competition, conflicts of interest, or unsound banking practices in the United States; and (2) Give the Board 45 days' prior written notice, in a... | |
 | United States. Congress. Joint Economic Committee - 1972 - 1552 pages
...Board finds that (i) the activity is "functionally related to banking" and (ii) it "can reasonably be expected to produce benefits to the public, such...resources, decreased or unfair competition, conflicts of interests, or unsound banking practices." Under either HR 6778 or S. 1664, bank affiliates could be... | |
 | United States. President - 1968 - 802 pages
...Board finds that (i) the activity is "functionally related to banking" and (ii) it "can reasonably be expected to produce benefits to the public, such...resources, decreased or unfair competition, conflicts of interests, or unsound banking practices." Under either HR 6778 or S. 1664, bank affiliates could be... | |
 | United States. Congress. House. Committee on Banking and Currency - 1969 - 1706 pages
...such a way that its performance by an affiliate of a bank holding company can reasonably be exjtected to produce benefits to the public, such as greater...such as undue concentration of resources decreased competition, conflicts of interest, or unsound banking practices. The Board shall not approve any retention... | |
 | United States Congress. House. Banking and Currency Committee - 1969 - 394 pages
...banking in such a way that its performance by an affiliate of a bank holding company can reasonably be expected to produce benefits to the public such as greater convenience, increased competition or increase in efficiency that outweighs possible adverse effects such as undue concentration of resources,... | |
 | United States. Congress. Joint Economic Committee - 1970 - 194 pages
...Board finds that (i) the activity is "functionally related to banking" and (ii) it "can reasonably be expected to produce benefits to the public, such...resources, decreased or unfair competition, conflicts of interests, or unsound banking practices." Under either HR 6778 or S. 1664, bank affiliates could be... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1970 - 770 pages
...banking in such a way that its performance by an affiliate of a bank holding company can reasonably be expected to produce benefits to the public, such...such as undue concentration of resources, decreased competition, conflicts of interest, or unsound banking practices". Up to the present time, banks with... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1970 - 710 pages
...Reserve Board finds that (i) the activities "functionally related to banking" and (ii) it "can reasonably be expected to produce benefits to the public such...greater convenience, increased competition or gains in inefficiency that outweigh possible adverse effects such as undue concentration of resources, decreased... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1970 - 1480 pages
...entry- That is, entry is permitted, or would be under the revisions proposed by the Board, where the benefits to the public, such as greater convenience, increased competition, or gains In efficiency, outweigh the potential risks. Nor is authority for entry into unrelated fields a good substitute, in... | |
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