Bank
Bankassurance
Bankassurance 21 There are various definitions of bankassurance. By focusing on production, a bankassurer can be defined as a financial group or conglomerate that includes both bank credit origination and insurance underwriting. But bankassurance can be limited to distribution agreements only in which a bank merely distributes third-party insurance products in a contractual agreement with…
Read MoreBIS – Bank for International Settlements
BIS – Bank for International Settlements bis.org/ also seen as “Basle” (1990s) 2010 – BIS – Calibrating regulatory minimum capital requirements and capital buffers: a top-down approach – bis.org/publ/bcbs180.htm 2010 01 – BIS / The Joint Forum – Review of the Differentiated Nature and Scope of Financial Regulation Key Issues and Recommendations – 128p Another issue…
Read MoreMarketing Insurance through Banks and Savings and Loans
Marketing Insurance through Banks and Savings and Loans A good example of that is the Lifetime Value Series, a family of products from Aetna that target the bank customer and are to be sold through the bank to facilitate the sale of life insurance by bank staff and bank representatives. — MARC G. VERRIER 1995…
Read MoreBank Holding Company Act of 1956
Bank Holding Company Act of 1956 Bank Holding Company Act of 1956 govinfo.gov/content/pkg/STATUTE-70/pdf/STATUTE-70-Pg133.pdf Bank Holding Company Act – SEC. 4. – 3p FRB – Financial Holding Companies (Section 4(k) of the BHC Act) – [PDF-101p] (Page 4) A company is a nonbank financial company, and thus eligible for a determination by the Council, if it…
Read MoreSBLI – Savings Banks Life Insurance
SBLI – Savings Banks Life Insurance 1935 – FRB – Massachusetts System of Savings-Bank Life Insurance : Bulletin of the United States Bureau of Labor Statistics, No. 615 – [link] Brandeis Massachusetts has begun an insurance which may have far-reaching effects. She has authorized her savings banks to establish life insurance departments. Several banks have…
Read MoreSenate – Banking, Housing, and Urban Affairs Committee
Senate Banking Committee Senate – Banking, Housing, and Urban Affairs Committee Securities, Insurance, and Investment banking.senate.gov/ banking.senate.gov/hearings/ banking.senate.gov/themes/banking/hearing_archive/_hearings.htm banking.senate.gov/themes/banking/hearing_archive/_hearing2.htm senate.gov/pagelayout/general/one_item_and_teasers/waf.htm?REFID=18.3c472317.1698990565.53b041 Request not Accepted Your submitted request contained a potential security risk. Please try your submission again using natively composed plain text (not copied and pasted from another document), with few or no hyperlinks, or other…
Read MoreBankers
Bankers Obviously, millions of American citizens have either no life insurance coverage or inadequate coverage. If states use their right to authorize banks to sell insurance, we believe we have the potential to make such protection available through low-cost term life insurance distributed through bank branches. Today’s insurance marketplace is not mature — it is…
Read MoreRun on the Bank
Run on the Bank A bank run is the sudden withdrawal of deposits of just one bank. A banking panic or bank panic is a financial crisis that occurs when many banks suffer runs at the same time, as a cascading failure. In a systemic banking crisis, all or almost all of the banking capital in a country is wiped out; this can…
Read MoreNonbank
Nonbank Financial Conglomerate Nonbank Banks Nonbank Financial Companies sechistorical.org/museum/galleries/mec/mec05b_modernization_nonbank.php According to the Dodd-Frank Act, nonbank financial companies are domestic companies or foreign companies that predominantly are engaged in financial activities (such as insurance companies, consumer finance providers, commercial lenders, asset managers, and investment funds) but that are not bank holding companies or certain other types…
Read MoreBOE – Bank of England
BOE – Bank of England bankofengland.co.uk Vicky Saporta 2017 – BOE – Douglas, G., Noss, J., and Vause, N. (2017). The impact of solvency ii regulations on life insurers’ investment behaviour. Bank of England Staff Working Paper No. 664 – 30p 2022 02 – BOE – Modelling fire sale contagion across banks and non-banks, Staff…
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