United Supervision: Managing the Risks in a Diversified Financial Services Industry Barbara Baldwin June 2001

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Managing an account Groups. Two or more legitimate entitiesLinked through normal possession or controlProviding money related administrations (e.g., saving money, securities, insurance)Including no less than one bankCross-Sector and/or Cross-Border. Prudential Concerns. Virus (inside and between groups)Intra-bunch exchanges and exposures (e.g. cross shareholdings, between offshoot lending)Loss of ConfidenceExtension of authority

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