11.   PNC Bank, based in Pittsburgh, has banking subsidiaries in Pennsylvania, New Jersey, Delaware, Ohio, Kentucky, Indiana, Massachusetts and Florida.

12.   Smith Barney is its brokerage and investment banking subsidiary.

13.   Steve Bragg, the head of the natural resources group at the investment banking subsidiary, Bank of America Securities, resigned Wednesday.

14.   Some officials questioned whether the Barings banking subsidiary, which oversees the derivatives business, had sufficient expertise to monitor the situation properly.

15.   The bank said its Luxembourg subsidiary, CISAL, and mortgage banking subsidiary Rheinische Hypothekenbank, known as Rheinhyp, contributed to profit growth.

16.   The bank said its Luxembourg subsidiary CISAL and mortgage banking subsidiary Rheinische Hypothekenbank, known as Rheinhyp, also contributed to profit growth.

17.   The company is following the lead of rivals Equitable Cos. and Travelers Group Inc., which are reporting rising profits in part because they own investment banking subsidiaries.

18.   The company also operates mortgage banking subsidiaries in Mississippi, Oklahoma, Nebraska and Texas.

19.   The Fed voted in December to more than double the revenue bank holding companies can earn from their investment banking subsidiaries.

20.   The most visible step is that Fleet intends to sell its Robertson Stephens investment banking subsidiary in the next three to six months.