[rostov]

We know of BoA and CitiGroup section 23a exemption last month.

Just right now we have Deutsche Bank granted section 23a as well, with (check out page 4) subsidiary name suppressed (the name of sub pledging 5% value of assets)

A few questions (I'm quite a newbie at banking in USA)

1) Is DB a major tier-1 bank in USA?
2) What does it mean when more and more banks like DB keep being granted section 23a exemptions?
3) Why is the name suppressed?

Thanks for any answers.

[americandream]

$this->bbcode_second_pass_quote('rostov', 'W')e know of BoA and CitiGroup section 23a exemption last month.

Just right now we have Deutsche Bank granted section 23a as well, with (check out page 4) subsidiary name suppressed (the name of sub pledging 5% value of assets)

A few questions (I'm quite a newbie at banking in USA)

1) Is DB a major tier-1 bank in USA?
2) What does it mean when more and more banks like DB keep being granted section 23a exemptions?
3) Why is the name suppressed?

Thanks for any answers.