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Finance & markets · 02/02/2001Updated: 10/17/2026 · 1 min read

Office of the Under Secretary for Domestic Finance; Financial Subsidiaries - Final Rule

Summary

The Office of the Under Secretary for Domestic Finance announced the adoption of a final rule, substantively identical to an interim rule, allowing the second 50 largest insured banks to own or control financial subsidiaries if they meet specific criteria, including a high credit rating.

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

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