Daiwa Bank Problem Background and Policy Issues

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service

Language:

English

Subjects (All):

Banks and banking.

Chronology.

Government securities.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[Washington, D.C.] [publisher not identified] 1995-1996

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

Notes:

CRS Report

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

Vendor supplied data

Other Format:

Microfiche version Library of Congress. Congressional Research Service. Daiwa Bank Problem

Publisher Number:

CRS-1995-ECN-0261

Access Restriction:

Restricted for use by site license