1. Belize is on the verge of granting an offshore banking license to an El Salvador company controlled by the Locayo family. 2. Dresdner secured a banking license in Australia this month and will operate branches in Sydney and Melbourne. 3. He also wants a commercial banking license issued to the War Veterans Organization. 4. He then went to acquire Bursamex and later received a banking license. 5. It was the first time since World War II that regulators have revoked a banking license. 6. One foreign financial behemoth, ING, has even dropped its banking license in the United States to avoid regulatory complications as it rapidly builds its U.S. insurance business. 7. Questions have been raised about how regulators can refuse to grant Sony and Ito-Yokado a banking license if an existing bank is being sold to Softbank. 8. The subsidiary will be called RBS Trust Bank and will require a separate banking license. 9. To help overcome this barrier to profitability, Ito-Yokado Co., which controls Seven-Eleven, plans to apply for a banking license. 10. Trumbull said AMP is not interested in acquiring a bank, or a banking license in Australia. |