Lending institutions (31 - 40 of 40 items)
Commercial Banking: Trends in Performance From December 1976 Through June 1987
GGD-88-106BR: Published: Jul 28, 1988. Publicly Released: Jul 28, 1988.
In response to a congressional request, GAO reviewed all commercial banks the Federal Deposit Insurance Corporation insured to determine current conditions and recent trends in commercial bank performance from December 31, 1976 through June 30, 1987.GAO found that: (1) between 1976 and 1987, commercial banking industry assets grew from $1,182 billion to $2,913 billion; (2) the asset growth rate de...
The Federal Savings and Loan Insurance Corporation--Current Financial Condition and Outlook
T-AFMD-88-12: Published: May 19, 1988. Publicly Released: May 19, 1988.
GAO discussed the Federal Savings and Loan Insurance Corporation's (FSLIC) financial condition. GAO noted that, during 1987: (1) one-third of the 3,147 FSLIC-insured savings and loan institutions experienced $13.4 billion in losses due to diversification into riskier activities, the high cost of funds, and insufficient management; (2) 500 insolvent institutions and 435 barely solvent institutions...
Using 'Firewalls' in a Post Glass-Steagall Banking Environment
T-GGD-88-25: Published: Apr 13, 1988. Publicly Released: Apr 13, 1988.
Pursuant to a congressional request, GAO discussed the use of "firewalls," legal and regulatory measures that separate a company's banking and nonbanking activities, in the event of repeal or relaxation of the Banking Act of 1933. GAO noted that firewalls protect bank safety and prevent conflict-of-interest abuses by promoting: (1) legal separation so that banks are not legally liable for their af...
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...
Thrift Industry: Net Worth and Income Capital Certificates
GGD-86-100FS: Published: Jun 23, 1986. Publicly Released: Jun 23, 1986.
In response to a congressional request, GAO provided information on the Net Worth Certificate Program, specifically: (1) its participants; and (2) the Federal Savings and Loan Insurance Corporation's use of income capital certificates to support the net-worth levels of thrift institutions.GAO found that: (1) Congress is currently considering reauthorizing the program; and (2) two institutions shou...
Commercial Banking: The Relationship Between Profitability and Capital Ratios
GGD-86-88BR: Published: Jun 9, 1986. Publicly Released: Jun 9, 1986.
In response to a congressional request, GAO provided information for all U.S. commercial banks on the relationship between bank capital held at the end of the year and profits earned during the year.GAO noted that, for the largest bank size categories, the measures of profitability decrease. The relationship between bank capital and profitability ratios could be a reflection of: (1) separate casua...
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...
Examination of Financial Statements of the Federal Home Loan Bank Board and Related Agencies for the Year Ended 12/31/81
AFMD-82-58: Published: Mar 24, 1982. Publicly Released: Mar 24, 1982.
GAO examined the financial statements of the Federal Home Loan Bank Board (FHLBB), the Federal Savings and Loan Insurance Corporation (FSLIC), and the Federal Home Loan Banks in accordance with generally accepted Government auditing standards.GAO found that the financial statements present fairly the financial position of the FHLBB, FSLIC, and the Banks and the results of their operations. The pro...
Audit of Federal Deposit Insurance Corporation for the Year Ended June 30, 1974 Limited by Agency Restriction on Access to Bank Examination Records
FOD-75-9: Published: Jun 11, 1975. Publicly Released: Jun 11, 1975.
No summary is currently available...