Bank management (81 - 90 of 252 items)
Corporate Credit Unions: Condition, Issues, and Concerns
T-GGD-95-15: Published: Oct 6, 1994. Publicly Released: Oct 6, 1994.
Pursuant to a congressional request, GAO discussed issues concerning the financial condition and investment practices of corporate credit unions and the U.S. Central Credit Union. GAO noted that: (1) many small insured credit unions have placed a substantial part of their unloaned deposits in corporate credit unions for investment purposes; (2) the operation and investments of corporates must be f...
Credit Unions: Both Industry and Insurance Fund Appear Financially Sound
T-GGD-94-142: Published: Sep 29, 1994. Publicly Released: Sep 29, 1994.
GAO discussed the financial condition of federally insured credit unions and the National Credit Union Share Insurance Fund. GAO noted that: (1) credit unions fared better in the 1980s than did banks and thrifts; (2) since 1990, credit union assets have increased 46 percent and credit union capital has increased from 7.6 percent to 9.1 percent of assets; (3) loan delinquencies and losses are lower...
Financial Audit: Federal Deposit Insurance Corporation's 1993 and 1992 Financial Statements
AIMD-94-135: Published: Jun 24, 1994. Publicly Released: Jun 24, 1994.
GAO reviewed the financial statements of the Bank Insurance Fund, the Savings Association Insurance Fund, and the Federal Savings and Loan Insurance Corporation (FSLIC) Resolution Fund for the years ended December 31, 1993 and 1992.GAO found that: (1) the financial statements of the Bank Insurance Fund, FSLIC Resolution Fund, and the Savings Association Insurance Fund presented fairly their financ...
Multilateral Development: Status of World Bank Reforms
NSIAD-94-190BR: Published: Jun 6, 1994. Publicly Released: Jun 6, 1994.
Pursuant to a congressional request, GAO reviewed the World Bank's portfolio management, focusing on the: (1) status of the Bank's reform efforts; (2) extent to which the United States has influenced the reforms; and (3) process the United States uses to evaluate the Bank's loan proposals.GAO found that: (1) in 1993, the Bank's Board of Executive Directors rejected its initial reform plan because...
1992 Bank Resolutions: FDIC Chose Methods Determined Least Costly, but Needs to Improve Process
GGD-94-107: Published: May 10, 1994. Publicly Released: May 10, 1994.
Pursuant to a legislative requirement, GAO reviewed the Federal Deposit Insurance Corporation's (FDIC): (1) compliance with the least-cost provisions of the Federal Deposit Insurance Act; and (2) resolution process.GAO found that: (1) FDIC generally complied with the cost calculation and documentation requirements for resolving failed thrifts; (2) FDIC procedures to estimate the net realizable val...
Bank Regulatory Structure: The Federal Republic of Germany
GGD-94-134BR: Published: May 9, 1994. Publicly Released: May 9, 1994.
Pursuant to a congressional request, GAO reviewed the German bank regulatory structure and its key participants, focusing on: (1) how the German bank structure functions; and (2) central bank responsibilities that affect the German banking industry.GAO found that: (1) the German bank regulatory structure consists of both public and private participants; (2) two German federal agencies share certai...
Failed Bank: FDIC Sale of CrossLand Conservatorship Satisfied Least-Cost Test
GGD-94-109: Published: Apr 20, 1994. Publicly Released: Apr 20, 1994.
Pursuant to a congressional request, GAO reviewed the Federal Deposit Insurance Corporation's (FDIC) resolution actions regarding the failed CrossLand Federal Savings Bank of Brooklyn, New York, focusing on whether FDIC: (1) complied with the least-cost calculation and documentation requirements; and (2) projected cost savings were realized when FDIC took interim ownership of CrossLand until a fin...
Bank Insider Activities: Insider Problems and Violations Indicate Broader Management Deficiencies
GGD-94-88: Published: Mar 30, 1994. Publicly Released: Mar 30, 1994.
Pursuant to a congressional request, GAO reviewed: (1) insider activities at failed and open banks; (2) the underlying reasons for insider problems, such as insider fraud, insider abuse, and loan losses to insiders; (3) federal bank regulators' oversight of such activities; and (4) the overall amount of insider lending in the U.S. banking industry.GAO found that: (1) insider fraud and loan losses...
International Banking: Strengthening the Framework for Supervising International Banks
GGD-94-68: Published: Mar 21, 1994. Publicly Released: Mar 21, 1994.
GAO reviewed U.S. and international efforts to increase international coordination and improve the overall quality of international bank supervision, focusing on: (1) the Basle Committee's efforts to coordinate bank supervision; (2) the effectiveness of the Committee's approach and options to enhance its role in bank supervision; and (3) whether the Foreign Bank Supervision Enhancement Act can ser...
Bank Insurance Fund: Review of Loss Estimation Methodologies
AIMD-94-48: Published: Dec 9, 1993. Publicly Released: Jan 10, 1994.
Pursuant to a congressional request, GAO reviewed certain public and private-sector estimates of bank failures and related losses incurred by the Bank Insurance Fund (BIF), focusing on the: (1) various approaches used by these forecasters in estimating bank failures and losses; and (2) similarities, differences, and key assumptions of their estimation methodologies.GAO found that: (1) the forecast...