Bank management (61 - 70 of 252 items) in Custom Date Range
Bank Oversight Structure: U.S. and Foreign Experience May Offer Lessons for Modernizing U.S. Structure
GGD-97-23: Published: Nov 20, 1996. Publicly Released: Nov 20, 1996.
Pursuant to a congressional request, GAO reviewed its previous work on the structure and operations of bank oversight in five countries, focusing on: (1) aspects of those systems that may be useful for Congress to consider in any future modernization efforts; (2) perceived problems with federal bank oversight in the United States; and (3) principles for modernizing the U.S. federal bank oversight...
Inspectors General: Mandated Studies to Review Costly Bank and Thrift Failures
GGD-97-4: Published: Nov 7, 1996. Publicly Released: Nov 7, 1996.
Pursuant to a legislative requirement, GAO reviewed the compliance of the Inspectors General (IG) offices of the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation (FDIC), and the Department of the Treasury with section 38(k) of the Federal Deposit Insurance Act of 1991, focusing on: (1) the findings of the material loss review (MLR) reports initiated between J...
Federal Reserve Banks: Inaccurate Reporting of Currency at the Los Angeles Branch
AIMD-96-146: Published: Sep 30, 1996. Publicly Released: Sep 30, 1996.
Pursuant to a congressional request, GAO reviewed currency activity reports prepared by the Los Angeles Federal Reserve Bank, focusing on: (1) problems in reporting currency activity for Federal Reserve System (FRS) note receipts, payments, and amount on hand; and (2) corrective actions planned or taken by FRS to resolve those problems.GAO found that the Los Angeles Bank: (1) incorrectly prepared...
Foreign Banks: Implementation of the Foreign Bank Supervision Enhancement Act of 1991
GGD-96-187: Published: Sep 30, 1996. Publicly Released: Sep 30, 1996.
Pursuant to a congressional request, GAO provided information on the Federal Reserve's implementation of the Foreign Bank Supervision Enhancement Act, focusing on: (1) the Reserve's examination process and process for approving foreign bank applications for U.S. entry and expansion; and (2) enforcement actions that the Federal Reserve has taken since 1993.GAO found that: (1) the act established mi...
World Bank: U.S. Interests Supported, but Oversight Needed to Help Ensure Improved Performance
NSIAD-96-212: Published: Sep 26, 1996. Publicly Released: Sep 26, 1996.
Pursuant to a congressional request, GAO evaluated the World Bank, focusing on the: (1) Bank's role in enhancing the flow of private investment capital into developing countries; (2) extent to which Bank projects achieve their development objectives; (3) Bank's progress in reforming its operations to improve effectiveness; and (4) extent to which the Bank supports U.S. foreign policy goals.GAO fou...
Financial Institutions and Markets Issue Area: Active Assignments
AA-96-6(4): Published: Sep 3, 1996. Publicly Released: Sep 3, 1996.
GAO provided information on its active assignments in the Financial Institutions and Markets issue area as of September 3, 1996...
Financial Audit: Federal Deposit Insurance Corporation's 1995 and 1994 Financial Statements
AIMD-96-89: Published: Jul 15, 1996. Publicly Released: Jul 15, 1996.
GAO audited the financial statements of the Bank Insurance Fund, the Savings Association Insurance Fund, and the Federal Savings and Loan Insurance Corporation Resolution Fund for the years ended December 31, 1995 and 1994. GAO also highlighted the condition of the banking and thrift industries and the Federal Deposit Insurance Corporation's (FDIC) progress in addressing previously identified inte...
Bank Oversight: Fundamental Principles for Modernizing the U.S. Structure
T-GGD-96-117: Published: May 2, 1996. Publicly Released: May 2, 1996.
GAO discussed efforts to modernize the U.S. federal bank oversight structure, focusing on: (1) how the U.S. oversight structure compares with five other industrialized countries; and (2) whether these countries' structures can be used to assist U.S. reform. GAO noted that: (1) U.S. structural reform should include a more consolidated and comprehensive oversight of companies owning federally insure...
Bank Regulatory Structure: Canada
GGD-95-223: Published: Sep 28, 1995. Publicly Released: Oct 3, 1995.
Pursuant to a congressional request, GAO reviewed the Canadian bank regulatory structure and its key participants.GAO found that: (1) the Office of the Superintendent of Financial Institutions (OSFI) is the primary supervisor of Canadian financial institutions and is responsible for incorporating financial institutions, issuing regulations and guidelines, taking enforcement actions, and resolving...
Bank Regulatory Structure: France
GGD-95-152: Published: Aug 31, 1995. Publicly Released: Sep 6, 1995.
Pursuant to a congressional request, GAO reviewed the French bank regulatory structure and its key participants.GAO found that: (1) three independent committees oversee bank authorization, regulation, and supervision in France; (2) the Credit Institutions Committee (CEC) is responsible for authorizing and licensing credit institutions, approving any significant changes to a credit institution's st...