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" 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 907
by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation and Insurance - 1980
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Fifth Meeting on the Conduct of Monetary Policy: Hearings Before the ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1977 - 312 pages
...on the question whether performance of the activity proposed by the holding company can reasonably be expected to produce benefits to the public, such...resources, decreased or unfair competition, conflicts of interests, or unsound banking practices. (3) Simplified procedures.* (i) The procedures of subparagraphs...
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Hearings, Reports and Prints of the Senate Committee on Banking, Housing and ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1977 - 1286 pages
...the Board shall consider whether its performance by an affiliate of a holding company can reasonably be expected to produce benefits to the public, such...resources, decreased or unfair competition, conflicts of interests, or unsound banking practices. In orders and regulations under this subsection, the Board...
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Federal Branching Policy: Hearings Before the Subcommittee on Financial ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Financial Institutions - 1977 - 776 pages
...the Board shall consider whether its performance by an affiliate of a holding company can reasonably be expected to produce benefits to the public, such...that outweigh possible adverse effects, such as undue con11 la. (January 1976). p. 56. The Board »dried. t>v w»v of substantiation for its comment regarding...
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Overdrafts and Correspondent Banking Practices: Hearings Before the ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1977 - 750 pages
...proposed by the holding company can reasonably be expected to produce benefits to the public, such ai greater convenience, increased competition, or gains...resources, decreased or unfair competition, conflicts of interests, or unsound banking practices. (3) Simplified procedure*.. (i) The procedures of subparagraphs...
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Overdrafts and Correspondent Banking Practices: Hearings Before the ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1977 - 890 pages
...the Board shall consider whether its performance by an affiliate of a holding company can reasonably be expected to produce benefits to the public, such...increased competition, or gains in efficiency, that outwcigh possible adverse effects, such as undue concentration of resources, decreased or unfair competition,...
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The Safe Banking Act of 1977: Hearings Before the Subcommittee on ..., Parts 3-5

United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation and Insurance - 1977 - 214 pages
...power. First, it requires the bank holding company to demonstrate that the acquisition would provide benefits to the public such as greater convenience, increased competition or gains in efficiency. These benefits must outweigh possible adverse effects such as undue concentration of resources, decreased...
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International Banking Act of 1977: Hearings Before the Subcommittee on ...

United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation and Insurance - 1977 - 812 pages
...determined, having due regard to the purposes of the Act, that such action was necessary to prevent undue concentration of resources, decreased or unfair competition, conflicts of interest or unsound banking practices.-^ It has been recommended by the Board that all permanently grandfathered nonbanking...
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Hearings, Reports and Prints of the House Committee on Banking, Currency ...

United States. Congress. House. Committee on Banking, Currency, and Housing - 1980 - 1434 pages
...Holding Company Act requires that public benefits to be achieved by the proposed nonbanking activity must "outweigh possible adverse effects, such as undue...unfair competition, conflicts of interest or unsound banking practices." It is Adapso's position that the manner and structure of Citishare's entry into...
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Competition in Banking Act of 1980: Hearing Before the Committee on Banking ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1980 - 336 pages
...whether performance of the proposed activity by an affiliate of the holding company can reasonably be expected to produce "benefits to the public" such...convenience, increased competition, or gains in efficiency. We strongly submit that it is appropriate for the Board to make its determination of benefits to the...
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Foreign Acquisitions of U.S. Banks and the Nonbanking Activities of Foreign ...

United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee - 1980 - 1020 pages
...the Board shall consider whether its performance by an affiliate of a holding company can reasonably be expected to produce benefits to the public, such...greater convenience, increased competition, or gains in ejficency, that outweigh possible adverse effects, such as undue concentration of resources, decreased...
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