Banking regulation (51 - 58 of 58 items)
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 $...
High Yield Bonds: Issues Concerning Thrift Investments in High Yield Bonds
GGD-89-48: Published: Mar 2, 1989. Publicly Released: Mar 2, 1989.
Pursuant to a legislative requirement, GAO discussed the high-yield bond market, focusing on: (1) federally insured thrifts' investments in high-yield bonds; (2) state and federal regulation of such investments; and (3) the relationship of high-yield bonds to federal monetary policy.GAO found that: (1) the Federal Home Loan Bank Board (FHLBB) and thrift institutions lacked comparative data on high...
Banking: Conflict of Interest Abuses in Commercial Banking Institutions
GGD-89-35: Published: Jan 27, 1989. Publicly Released: Feb 27, 1989.
In response to a congressional request, GAO provided information on conflicts of interest in commercial banking institutions, focusing on: (1) the types of conflicts of interest and associated abuses; (2) how to control conflicts of interest and limit associated abuses; and (3) the impact of expanded banking securities powers on conflicts of interest and associated abuses.GAO interviewed bankers,...
Transition Series: Financial Services Industry Issues
OCG-89-4TR: Published: Nov 1, 1988. Publicly Released: Nov 1, 1988.
GAO summarized information on issues the federal government should consider relating to the financial services industry, including the: (1) handling of troubled financial institutions; (2) regulation of mergers between banking and nonbanking institutions; (3) regulation of linked securities and futures markets; and (4) regulation of global capital markets.GAO noted that: (1) almost a third of the...
[The Regulation of International Banks: Problems and Promises]
136253: Apr 25, 1988
GAO discussed the changing financial services environment's impact on international bank regulation and the irrelevance of traditional banking boundaries. GAO noted that the current progressive deregulation of banking activities could create an environment: (1) which would allow any financial institution to trade any product or compete in any part of the financial sector; and (2) with larger risks...
Preliminary Observations on the Market Crash of October 1987
T-OCG-88-1: Published: Jan 26, 1988. Publicly Released: Jan 26, 1988.
GAO discussed the October 1987 market crash, focusing on ways in which to: (1) protect the rest of the economy; (2) ensure that markets can function; and (3) ensure that individual investors receive fair treatment. GAO noted that the Federal Reserve System: (1) effectively met its responsibility during the market crash as money supply manager, last-resort lender, and overseer of the nation's finan...
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...