Finance & markets · 25/04/2011
Federal Reserve Proposes Plans to Engage in Nonbanking Activities or Acquire Companies Involved in Permissible Nonbanking Activities
The Federal Reserve has announced proposals to allow banks to engage in certain nonbanking activities or acquire companies that already operate in these areas, a move aimed at expanding their services and improving financial stability.
Original source language: Federal Register — Federal ReserveOpen original release →