Federal regulations (71 - 77 of 77 items)
Thrift Failures: Costly Failures Resulted From Regulatory Violations and Unsafe Practices
AFMD-89-62: Published: Jun 16, 1989. Publicly Released: Jun 16, 1989.
GAO reviewed the Federal Savings and Loan Corporation's (FSLIC) activities to: (1) identify the common characteristics of the most costly failed thrifts, focusing on violations of federal laws or regulations, related unsafe practices, and fraud and insider abuse; (2) compare and contrast the characteristics with solvent thrifts; and (3) identify the impact of deregulation, regional or local econom...
High Yield Bond Market
T-GGD-89-9: Published: Mar 2, 1989. Publicly Released: Mar 2, 1989.
GAO discussed: (1) the use of high-yield bonds in corporate takeovers; and (2) federally insured thrift institutions' high-yield bond investments. GAO noted that: (1) high-yield bonds provided 12 percent of financing for hostile corporate takeovers, although some initial financing sources were refinanced using high-yield bonds; (2) the high-yield bond market grew from about $9 billion in 1977 to $...
Bank Powers: Issues Related to Repeal of the Glass-Steagall Act
GGD-88-37: Published: Jan 22, 1988. Publicly Released: Feb 12, 1988.
In response to a congressional request, GAO provided information on issues concerning the expansion of banks' securities powers through repeal of the Banking Act of 1933 (Glass-Steagall) and the ramifications of eliminating or extending the moratorium on expansion of bank powers.GAO found that repeal of the act could: (1) benefit consumers in terms of lower prices and better services; and (2) crea...
Financial Services: Information on Nonbank Banks
GGD-86-46FS: Published: Mar 21, 1986. Publicly Released: Mar 21, 1986.
GAO prepared a fact sheet on the nonbank bank, a form of limited purpose bank, showing its history and providing information on applicants for federal nonbank bank charters.Nonbank banks fall outside the narrow definition of banks found in the Bank Holding Company Act because they do not offer both demand deposits and commercial loans. The Federal Reserve Board of Governors tried to bring them und...
Supervisory Examinations of International Banking Facilities Need To Be Improved
GGD-84-65: Published: Sep 20, 1984. Publicly Released: Sep 20, 1984.
GAO reviewed examinations of international banking facilities (IBF) conducted by federal bank regulatory agencies to determine if the examinations are adequate to ensure compliance with restrictions imposed on IBF activities. The group of regulatory agencies is comprised of the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserv...
Federal Deposit Insurance Corporation Regulations and Non-Member State Bank Activities regarding Certificate of Deposit Maturity Notification
GGD-79-12: Published: Oct 20, 1978. Publicly Released: Oct 20, 1978.
A survey was performed of the Federal Deposit Insurance Corporation's (FDIC) regulations and of nonmember state bank activities regarding certificate of deposit (CD) maturity notification. FDIC has not issued regulations covering such notification, and procedures are left to the individual bank's discretion. Notification procedures varied among institutions. Five of the nine banks reviewed had mor...
Regulations and Activities regarding Certificate of Deposit Maturity Notification
GGD-79-11: Published: Oct 20, 1978. Publicly Released: Oct 20, 1978.
A survey was performed of the Federal Home Loan Bank Board's (FHLBB) regulations and of savings and loan associations' (S&L) activities regarding certificate of deposit (CD) maturity notification. FHLBB has not issued regulations covering such notification, and procedures are left to the discretion of the individual S&L. Notification procedures varied among S&L. Six of seven Washington, D.C., S&L...