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September 23, 1991 | SARA FRITZ, TIMES STAFF WRITER
After months of investigating the Bank of Credit & Commerce International, one issue remains unresolved for U.S. investigators: Why was the bank so anxious to do business in the United States? The question arises primarily because BCCI executives showed such unflinching determination to expand their global banking network in the United States, even though their efforts to buy banks in this country were firmly opposed by the Federal Reserve Board. To circumvent U.S.
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NEWS
September 23, 1991 | SARA FRITZ, TIMES STAFF WRITER
After months of investigating the Bank of Credit & Commerce International, one issue remains unresolved for U.S. investigators: Why was the bank so anxious to do business in the United States? The question arises primarily because BCCI executives showed such unflinching determination to expand their global banking network in the United States, even though their efforts to buy banks in this country were firmly opposed by the Federal Reserve Board. To circumvent U.S.
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