Fed Lets Pennsylvania Bank Underwrite Debt and Equity

A Pennsylvania bank company with $3.4 billion in assets has won approval to underwrite corporate debt and equity, signaling regulators' willingness to expand securities powers for well-capitalized banks of any size.

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.