Daiwa Bank Problem : Background and Policy Issues.
Provides background on the Daiwa Bank problem, which was ordered by U.S. banking authorities to close its banking operations after its admission that bank officers concealed losses stemming from deceptive trading practices involving Treasury securities. Reviews laws affecting foreign bank operations...
| Corporate Authors: | , |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
[Place of publication not identified] :
[publisher not identified],
1995-1996.
|
| Series: | U.S. Congressional Research.
|
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | Provides background on the Daiwa Bank problem, which was ordered by U.S. banking authorities to close its banking operations after its admission that bank officers concealed losses stemming from deceptive trading practices involving Treasury securities. Reviews laws affecting foreign bank operations in the U.S., rationale for U.S. regulation of multinational banking firms, changes to banking law and regulation resulting from the Daiwa Bank issue, and the necessity for international cooperation and coordination among banking authorities. Includes chronology. |
|---|---|
| Item Description: | Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource. |
| Physical Description: | 1 online resource. |