1. In other words, a parent bank and its subsidiaries abroad will be supervised by the parent country regulatory authority. 2. Daiichi said it will ask Long-Term Credit Bank of Japan, its parent bank, to forgive all of its loans to the company. 3. Even as their parent Lebanese banks plan to move into Syria, branch managers say Syrian customers will need three years before they feel secure enough to switch. 4. HSBC is the parent bank of Hongkong Bank Ltd. 5. In the summer they watched the local bank close because its parent bank was bankrupt. 6. Like its parent food bank, it receives no tax dollars. 7. More important, Congress could require an impenetrable wall between the financial condition of a securities subsidiary and the insured deposits of the parent bank. 8. Part of the reason these companies shifted their attention to real estate developers was because their parent banks moved into the housing loan business themselves. 9. The agricultural cooperatives say the parent banks should absorb all the losses, because their policies forced the housing lenders into making risky loans. 10. The branches will be sprinkled with other high-tech devices, including information terminals and a computer with games to entertain children while their parents bank. |