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- Title
Order Issued Under Bank Holding Company Act.
- Authors
Johnson, Jennifer J.
- Abstract
The article focuses on the order issued at three Chinese companies that have requested the U.S. Board of Governors of the Federal Reserve System's approval to become bank holding companies under the Bank Holding Company Act of 1965. These include Industrial and Commercial Bank of China Ltd. (ICBC), China Investment Corp. (CIC) and Central Huijin Investment Ltd. These companies should acquire up to 80% of the voting shares of the Bank of East Asia Ltd.
- Subjects
UNITED States; BANK holding companies -- Law &; legislation; BANK holding companies; CHINA Investment Corp.; CENTRAL Huijin Investment Ltd.; INDUSTRIAL &; Commercial Bank of China Ltd.; BOARD of Governors of the Federal Reserve System (U.S.); BANK of East Asia Ltd.
- Publication
Federal Reserve Bulletin, 2012, Vol 98, Issue 7, p1
- ISSN
0014-9209
- Publication type
Article