Finance & markets · 29/05/2002Updated: 10/17/2026 · 1 min read
Federal Reserve Proposes Plans to Expand Banking Services or Acquire Companies Involved in Permissible Nonbanking Activities
Summary
The Federal Reserve has announced proposals to engage in permissible nonbanking activities or acquire companies that are already involved in such activities, as part of its efforts to expand its services and improve financial stability.