International Finance: U.S. Commercial Banks' Securities Activities in London
NSIAD-88-238
Published: Sep 08, 1988. Publicly Released: Sep 08, 1988.
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Highlights
Pursuant to a congressional request, GAO reviewed how U.S. commercial banks performed securities underwriting and trading activities in the London markets during 1986 and 1987 to assess how they might handle such activities within the United States if Congress revised or repealed the Glass-Steagall Act.
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Bank holding companiesBank managementBanking regulationFinancial institutionsFinancial managementInternal controlsInternational economic relationsSecuritiesSecurities regulationStock market