M2 EQUITYBITES-October 31, 2016-Deutsche Bank agrees to sell banking, securities subsidiaries
BANKING AND CREDIT NEWS-October 31, 2016-Deutsche Bank agrees to sell banking, securities subsidiaries
Global Banking News-October 27, 2016--Deutsche Bank to sell banking and securities subsidiaries
S&P said the brokerage has taken on the merger and acquisition, securitization and derivatives businesses from the Bank of Tokyo-Mitsubishi and its major overseas securities subsidiaries
There has been some liberalization in recent years both in geographic restrictions, through regional banking compacts, and in securities activities, through section 20 securities subsidiaries
and Norinchukin Bank said Friday they have reached a basic agreement to integrate their securities subsidiaries
This increase resulted primarily from the shifting of permissible government securities underwriting activities previously conducted in banks to the securities subsidiaries
Under the previously announced Mizuho reorganization plan, Mizuho Holdings will become a wholly owned subsidiary of Mizuho Financial Group through an equity-swap deal March 12 and hold banking and securities subsidiaries
I appreciate the opportunity to be here today to present the views of the Federal Reserve Board on the report by the General Accounting Office (GAO) entitled "Bank Powers: Activities of Securities Subsidiaries
of Bank Holding Companies.
The FSA also allowed securities subsidiaries
of banks to sell life insurance products starting Tuesday, so banks can sell the new products in cooperation with their securities units.