Leach slams comptroller on banks.(House Banking Committee Chairman Jim Leach): An article from: National Underwriter Property & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on March 11, 1996. The length of the article is 630 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: House Banking Committee Chairman Jim Leach is criticizing Comptroller of the Currency Eugene Ludwig for using improper Congressional authority to expand banks' ability to sell insurance and to enter other markets. Leach said that the Office of the Comptroller (OCC)'s policy is blatently against the law and would undermine state rights. Specifically, Leach said that permission given Magna Bank of Brentwood, MO, to keep its insurance subsidiary seems to violate the National Bank Act.

Citation Details
Title: Leach slams comptroller on banks.(House Banking Committee Chairman Jim Leach)
Author: Steven Brostoff
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: March 11, 1996
Publisher: The National Underwriter Company
Issue: n11 Page: p3(1)

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