Word: nonbanker
(lookup in dictionary)
(lookup stats)
Dates: during 1975-1975
Sort By: most recent first
(reverse)
...ruling that R.H. Macy & Co., Inc., the New York-based department-store chain, and Safeway Stores, Inc., now the nation's biggest supermarket group, could not share a director because Macy's sold gourmet foods. If the Government can establish a precedent that ties between banks and nonbank companies are subject to the law, and that banks and insurance companies compete, it can be expected to launch more suits. It might contend that the same person cannot serve as a director of a bank and oil company because both issue credit cards...