TITLE

Treasury: Rules on Bank Size to Ride On FDIC Backing

PUB. DATE
January 2010
SOURCE
American Banker;1/26/2010, Vol. 175 Issue 13, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses a proposal being drafted by the U.S. Treasury Department to restrict the activities of banks. Treasury official Neal Wolin noted that banks that are insured by the Federal Deposit Insurance Corp. would be barred from certain risky activities such as owning hedge funds and proprietary trading. No draft has been finalized yet.
ACCESSION #
47727508

 

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