Download or read book Insurance Activities of Banks written by Karol K. Sparks and published by Wolters Kluwer. This book was released on 2011-12-19 with total page 1480 pages. Available in PDF, EPUB and Kindle. Book excerpt: As more and more banking organizations enter the insurance business, the line between banks and insurance agencies has virtually disappeared - in practice and in the eyes of federal and state legislators. The need has never been greater for a clear guide that explains the legal and regulatory limits placed on banks involved in insurance sales activities. Insurance Activites of Banks, Second Edition provides authoritative coverage of insurance products now offered by banks plus the latest judicial and legislative developments, including the landmark Gramm-Leech-Bliley Act, that affect their activities. It presents in clear detail on such vital topics as: The many types of insurance activities now being handled by banks, including retail sales of insurance and underwriting risk Major state insurance regulatory issues and how banks are affected State banks, national banks, and thrifts, and the insurance activities permissible for each type of institution The various organization structures, such as bank holding companies, financial holding companies, financial subsidiaries, and how to choose the right entity for conducting insurance activities. Offshore insurance activities.

Download or read book Insurance Activities Permissible for Banks and Bank Holding Companies written by James C. Sivon and published by . This book was released on 1997 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Bank Holding Company Legislation and Related Issues written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation and Insurance and published by . This book was released on 1980 with total page 684 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Banking and Financial Services written by Melanie L. Fein and published by Aspen Publishers. This book was released on 2006-04-24 with total page 1224 pages. Available in PDF, EPUB and Kindle. Book excerpt: For banks, insurance companies and securities firms preparing to capitalize on the rapidly accelerating trend towards financial services convergence, the possibilities are virtually endless. This book provides coverage of essential financial services regulation. It offers red flags pinpointing regulatory obstacles and pitfalls.

Download or read book The Risks and Returns Associated with the Insurance Activities of Foreign Subsidiaries of U S Banking Organizations written by Gary Whalen and published by . This book was released on 2000 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In late 1999, U.S. banking organizations were granted permission to indirectly engage in insurance underwriting by affiliating with insurance companies in a holding company framework. To date, however, few such combinations have occurred and so little empirical evidence on the actual benefits of this sort of merger exists. Most of the available empirical evidence on the risks and returns of bank involvement in insurance activities is drawn from studies examining only hypothetical mergers of banks and insurance companies. Although some U.S. banks have begun to sell insurance products domestically in recent years, there have been virtually no studies of the actual risks and return of this activity because banks are not required to report information on this individual line of business. But U.S. banking organizations have been permitted to sell insurance and underwrite life insurance outside the U.S. through foreign subsidiaries and file financial statements for each of these subsidiaries with the Federal Reserve. The primary aim of this study is to use these data over a 13-year time span (1987-1999) to generate evidence on the risks and return actually associated with bank controlled insurance operations. This exercise should provide needed insight on the likely effects of an increase in domestic insurance activities by U.S. banks. Although the results are somewhat sensitive to the aggregation method employed, the evidence is basically consistent with the findings reported in previous work where only hypothetical bank-insurance combinations were analyzed. When ROA is used as the measure of returns, the mean and median returns earned in insurance activities exceed banking returns as well as the returns earned in other nonbanking activities by a substantial margin. When ROE is used to measure returns, the pattern is more mixed because equity-asset ratios in insurance activities are much higher than they are for the two benchmark activities. The evidence generally shows that when viewed on a stand-alone basis, insurance activities are slightly riskier than banking but less risky than the other nonbanking activities BHCs have been permitted to engage in. The results of an analysis of simple two-asset portfolios (banking and insurance) suggest banking organizations can improve, or at least not unfavorably alter their risk/returnopportunities by engaging in both banking and insurance activities"--Office of the Comptroller of the Currency web site.

Download or read book Federal Bank Holding Company Law written by Pauline B. Heller and published by Law Journal Press. This book was released on 1997 with total page 1084 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers several aspects of bank holding companies, from permissible activities through operations. This book addresses such significant subjects as the Federal Reserve Board's supervisory framework for complex banking organizations, including guidance concerning capital adequacy; enhanced enforcement authority of federal regulators, and more.

Download or read book Implications of the Merchants National Case written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation and Insurance and published by . This book was released on 1990 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Structure and Regulation of Financial Firms and Holding Companies written by United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee and published by . This book was released on 1986 with total page 630 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Guide to Bank Underwriting Dealing and Brokerage Activities written by Robert L. Tortoriello and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Competition in Banking Act of 1976 written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1976 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Risk Based Capital written by Lawrence D. Cluff and published by DIANE Publishing. This book was released on 2000 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Repeal of Glass Steagall and the Advent of Broad Banking written by James R. Barth and published by . This book was released on 2000 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Regulation of Bank Holding Companies 1971 1973 written by Association of Registered Bank Holding Companies and published by . This book was released on 1974 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Banking Law and Regulation written by and published by . This book was released on 1987 with total page 1070 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book After the Gramm Leach Bliley Act written by Wolcott B. Dunham and published by . This book was released on 2000 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Blueprint for Reform written by United States. Task Group on Regulation of Financial Services and published by . This book was released on 1984 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Volcker Rule written by David H. Carpenter and published by DIANE Publishing. This book was released on 2011 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a print on demand edition of a hard to find publication. The Securities Act of 1933 and the Glass-Steagall Act prohibited commercial banks from underwriting and dealing in securities. One of the benefits of being a bank, and thus being subject to more extensive regulation, is access to what is referred to as the ¿federal safety net,¿ which includes the FDIC deposit insurance, the Fed. Reserve¿s discount window lending facility, and the Fed. Reserve¿s payment system. There have been calls to reexamine the activities that should be permissible for commercial banks. This report discusses the permissible proprietary trading activities of commercial banks and their subsidiaries under current law. It then analyzes the Volcker Rule proposals under the House- and Senate-passed financial reform bills. Illustrations.