In Finance.

Source :: BusinessWeek; 11/5/1960, Issue 1627, p83-83, 1p
Publication Year :: 1960
Abstract: This section offers news briefs related to finance. The Edge Act company First National Bank of Boston has established a subsidiary that will operate a finance corporation in Argentina. The Federal Deposit Insurance Corp. (FDIC) of the U.S. government plans to prevent the use of link financing, which it considers an unsound banking practice. Colorado banking commissioner Frank Goldy has asserted that the financial complex created by local financier Allen Lefferdink is in danger of collapsing.