Norwest Corporation Acquires Companies Involved in Permitted Nonbanking Activities

Summary

Norwest Corporation has made acquisitions of companies that engage in permissible nonbanking activities, as announced in a recent press release.

Original source language: Federal Register — Federal ReserveOpen original release →

Add your company to Business Communicator

We monitor business sources and connect attention with companies, profiles and services available in Business Communicator.

Create a free company profile Explore businesses on Business Maps →

Create a free company profile →

Explore insights

Business insights →

Fintech for Business: Payments & Banking News Global Markets News Trade Regulation News Business Technology News Supply Chain News Central Bank Policy News

Related business signals

Finance & markets · 9/14/2026

Federal Reserve Proposes Plans to Invest in or Acquire Companies Involved in Permitted Non-Banking Activities

The Federal Reserve has announced proposals to engage in or acquire companies that engage in permissible non-banking activities, as outlined in the Federal Reserve Act of 1913.

Read summary →

Finance & markets · 3/27/2026

Regulatory Capital Rules: Proposal to Modify Regulatory Capital Rule and Risk-Weighted Assets

The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation are proposing changes to the regulatory capital rule to improve the calibration and risk sensitivity of risk weights for certain banking organizations, particularly those involved in lending activities. The proposal aims to modify the definition of regulatory capital and require more comprehensive recognition of accumulated other comprehensive income for certain banking organizations.

Read summary →

Finance & markets · 9/14/2026

Bank Holding Company Formations, Acquisitions, and Mergers: Recent Developments

The Federal Reserve has issued a new framework to guide the formations of bank holding companies, acquisitions, and mergers, aiming to enhance financial stability and promote competition in the banking sector.

Read summary →

Finance & markets · 9/10/2026

Regulatory Update: Changes in Bank Control Notices and Share Acquisitions

The Office of the Comptroller of the Currency (OCC) has issued a notice regarding recent acquisitions of shares in banks and bank holding companies, outlining the requirements for such transactions and the procedures for filing the necessary notices.

Read summary →

Finance & markets · 4/6/2026

Bank of England Issues Correction to Change in Bank Control Notices

The Bank of England has corrected its guidance on acquisitions of shares in banks or bank holding companies, following a recent review of its control notices.

Read summary →

Finance & markets · 3/27/2026

Federal Agencies Seek Comments on Proposed Regulatory Capital Rules and Information Collection Activities

The Office of the Comptroller of the Currency (OCC), the Federal Reserve Board (Board), and the Federal Deposit Insurance Corporation (FDIC) are publishing proposals and seeking comments on information collection activities related to regulatory capital rules and market risk capital rules, as required by the Paperwork Reduction Act of 1995.

Read summary →