1.   Both DDI and Japan Telecom operate cellular phone subsidiaries, selling them equipment and phones to set up phone networks.

2.   British Airways, for example, now operates a subsidiary in France, TAT European Airlines, and one in Germany, Deutsche BA.

3.   Comerica is a bank holding company that operates subsidiaries in Michigan, California, Texas, Illinois and Florida.

4.   In addition to its European headquarters in Belgium, Aisin Seiki operates sales subsidiaries in France, Germany, the U.K., Holland and Austria.

5.   NationsBank Corp. of North Carolina has applied to operate a subsidiaries to sponsor a housing development and lease real estate.

6.   Rubin prefers a structure in which the new activities could also be run out of bank operating subsidiaries, which have closer ties to the banking parent.

7.   The bill would eliminate the remaining barriers to interstate banking in a dozen states and a requirement that banks operate separate subsidiaries in each state.

8.   The bill would eliminate the remaining barriers to interestate banking, as well as a requirement that banks operate separate subsidiaries in each state.

9.   The interstate banking bill would eliminate this restriction, along with some of the large and duplicative bureaucracies that banks have established to operate separate subsidiaries in each state.

10.   It has offices in Tunisia and Hong Kong and operates subsidiaries in Morocco, Egypt, Jordan and Tunisia.