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.