OCC: Bank Trading Revenue Above $3B
- Suddenly a scramble to buy top IPO firms. Goldblatt, Jennifer; Dutta, Mahua // American Banker;06/30/97, Vol. 162 Issue 124, p1
Reports on the growing number of banks that acquire top equity underwriting firms. NationsBank Corp.'s proposed purchase of Montgomery Securities; Chase Manhattan Corp.'s rumored plans to buy Donaldson Lufkin & Jenrette; Bankers Trust New York Corp.'s merger talks with Alex. Brown & Sons; Swiss...
- Fed Creates Group to Study Risk Exposure. Hume, Lynn // Bond Buyer;04/28/2000, Vol. 332 Issue 30880, p5
Reports on the establishment of a private-sector working group to develop proposals to improve risk disclosure by banking and securities organizations in the United States. Evaluation of risk exposure and risk management practices; Need for effective market discipline.
- An appetite for investment. Quinn, Lawrence Richter // America's Community Banker;Feb98, Vol. 7 Issue 2, p22
Reports on the growing number of banking institutions selling securities and other investment vehicles. Statistics on savings; Americans' attitude toward saving and investment; Securities business at Farmers and Merchants Bank and Trust; Profitability of securities business; Efforts to market...
- Measure of Broker Productivity Falls. Ackermann, Matt // American Banker;11/10/2000, Vol. 165 Issue 217, p7
Cites the decline in broker productivity through banks in the United States in September 2000, according to the Bank Securities Association's monthly benchmark survey. Drop in mutual fund and annuity product sales at banks; Long-term fund sales; Rise in broker-dealer revenue.
- Lessons from Canada on Building Versus Buying a Securities Firm. Tarquinio, J. Alex // American Banker;4/22/1999, Vol. 164 Issue 76, p1
Part I. Explores the advantages and disadvantages of building or buying a securities firm based on the experiences of a financial service in Canada. Comments from industry experts; Market trends; Implications to the banking industry in the United States; Case studies.
- Bank/insurer convergence sees slow start. Roberts, Sally // Business Insurance;01/01/2001, Vol. 35 Issue 1, p12B
Focuses on the convergence of banking, insurance and securities sector in the United States. Provisions of the Gramm-Leach-Bliley Act; Merger activities between banks and insurance companies.
- Banks, insurers taking convergence slowly. Roberts, Sally // Business Insurance;01/15/2001, Vol. 35 Issue 3, p12B
Focuses on the progress of converging the financial services offered by banks, insurance companies and securities firms in the United States stipulated under the Gramm-Leach-Bliley Act of 1999. Forecasts of the completion of convergence activities; Regulatory issues needed by the industries.
- Council counters predatory lending. // Crain's New York Business;9/9/2002, Vol. 18 Issue 36, p26
Focuses on the amended legislative bill on predatory lending in the U.S. Modification to the objective definition of predatory loans; Dissatisfaction of the banking industry on the amended legislation; Proposal of the securities industry for the predatory lending bill.
- Can the banks break out? Milligan, John W. // U.S. Banker;May95, Vol. 105 Issue 5, p24
Discusses the impact of the repeal of the Glass-Steagall Act on banks and the securities industry. Need for product reform measure; Rumors of mergers by commercial banks with securities firms; Benefits to regional banks; Interest in annuities. INSET: First Union's capital concept..