Banking regulation (81 - 84 of 84 items)
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...
The FSLIC Insurance Fund--Recent Management and Outlook for the Future
GGD-84-3: Published: Oct 14, 1983. Publicly Released: Oct 14, 1983.
GAO reported on the Federal Savings and Loan Insurance Corporation's (FSLIC) management in 1981 and 1982, the effect that different interest rates and changes in the marketplace will have on FSLIC, and changes and proposed changes in financial reporting.Throughout 1981 and 1982, when the Nation's savings and loan industry experienced recordbreaking losses, confidence in the savings and loan indust...
Changes in the Financial Services Industry and Their Impact on Federal Regulation
121656: Jun 16, 1983
GAO discussed how the financial services industry is changing and what the government's role with respect to those changes should be. The changes occurring are the latest events in the historical development of the financial services industry. Congress designed the legislation of the 1930's for a financial system which, in one important respect, differs from today's system. The basic deposit insur...