WASHINGTON - A regulatory proposal combined with a recent Supreme Court decision may provide banks with ammunition for exploring new product and service frontiers.

The rule, proposed in November by the Office of the Comptroller of the Currency, would allow bank subsidiaries to engage in activities long prohibited to their parents.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.