To Amend the Bank Merger Act of 1960: Hearings Before the Subcommittee on Domestic Finance ... Eighty-ninth Congress, First Session, on S. 1698 (and Related Bills), an Act to Establish a Procedure for the Review of Proposed Bank Mergers So as to Eliminate the Necessity for the Dissolution of Merged Banks, and for Other Purposes, Part 2 |
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acquisitions amendment American Bankers Association ANNUNZIO antitrust action antitrust laws apply approval assets Attorney Bank & Trust bank holding company Bank Merger Act banking agencies Banking and Currency Banking factors believe bill BRUMBAUGH Bull CHAIRMAN CLAWSON Clayton Act commercial banks competitive factors Comptroller concentration Congress consummated Convenience and needs Corp decision Department of Justice deposits divestiture effect exempt favor FDIC Federal banking Federal Reserve Board Federal Reserve System Federal Trade Commission GETTYS going GRAHAM HANNA hearings Independent Bankers Association industry involved Justice Department KATZENBACH legislation litigation loans MAISEL Manufacturers Hanover MARTIN MAULL ment MINISH monopoly National Bank ODLIN Patman percent Philadelphia president problem public interest question regulatory agencies Robertson Senator HART Senator KENNEDY Senator PROXMIRE Sherman Act six banks STANTON statement subcommittee suit supervisory agencies Supreme Court testimony Thank tion TODD unscrambling WIDNALL Wright Patman ZAUN
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Page 278 - The Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation...
Page 41 - restraint of trade" at common law and in the law of this country at the time of the adoption of the Anti-trust Act only embraced acts or contracts or agreements or combinations which operated to the prejudice of the public interests by unduly restricting competition or unduly obstructing the due course of trade...
Page 226 - No corporation shall acquire, directly or indirectly, the whole or any part of the stock or other share capital and no corporation subject to the jurisdiction of the Federal Trade Commission shall acquire the whole or any part of the assets of...
Page 154 - Throughout the history of these statutes it has been constantly assumed that one of their purposes was to perpetuate and preserve, for its own sake and in spite of possible cost, an organization of industry in small units which can effectively compete with each other.
Page 50 - System and that consideration has been given to the financial history and condition of the bank, the adequacy of its capital structure, its future earnings prospects, the general character of its management, the convenience and needs of the community to be served by the bank, and whether or not its corporate powers are consistent with the purposes of the Federal Deposit Insurance Act.
Page 420 - Hon. A. WILLIS ROBERTSON, Chairman, Senate Banking and Currency Committee, Senate Office Building, Washington, DC DEAR...
Page 1 - ... information: the name and total resources of each bank involved; whether a report has been submitted by the Attorney General hereunder, and, if so, a summary by the Attorney General of the substance of such report; and a statement by the Comptroller, the Board, or the Corporation, as the case may be, of the basis for its approval.
Page 10 - ... of section 7 of the Clayton Act, as amended by the Celler-Kefauver Act of 1950 ("Section 7"), and as reflected in its legislative history and interpretation by the United States Supreme Court.
Page 365 - Government, and for other purposes,' " approved February twelfth, nineteen hundred and thirteen. SEC. 5. That unfair methods of competition in commerce are hereby declared unlawful. The commission is hereby empowered and directed to prevent persons, partnerships, or corporations, except banks, and common carriers subject to the Acts to regulate commerce, from using unfair methods of competition in commerce.
Page 350 - A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men...