"Commercial Banking and Finance"

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…showed last 75 words of 547 total…concordat revised to deal with bank holding companies registered outside the country of operation. Another example is the Johnson Matthey Bankers who gave excessive loans to 2 doubtful customers. The bank supervisor was over-reliant on trust and the co-op of bank management. The bank was luckily rescued, but the depositors were penalised. New supervisor-auditor relationship was formed and also a new bank supervision law was passed. The UK deposit insurance limit was raised to 20k pounds.