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Securities Subsidiary |
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Securities Subsidiary A brokerage or other financial services company owned by a bank. A securities subsidiary deals in commercial paper, mortgage-backed securities and often stocks and bonds as well. Securities subsidiaries have become more popular in the United States since banks were deregulated in the 1980s and 1990s. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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