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Mr Miyauchi could make money for Orix if he were ready to buy the bank, break it up and sell bits of it on.
After an overview of the treasury and securities services unit's growth in 2011, Mr. Cavanaugh, like several speakers before him, takes on Mike Mayo's recent suggestion that the bank break itself up into smaller businesses.
The firm's former president, Luqman Arnold, a significant shareholder, demanded that the bank break up and spin off its asset management unit.
Central banks can't be sued; but should a commercial bank break its promise to redeem one of its private euro notes for a real euro, the holder of the note would have legal recourse.
Did the bank break laws or rules or regulations?
He also told authorities that he "observed at least one customer or employee inside of the bank break into tears".
Similar(51)
In an era when millions of homes have received foreclosure notices nationwide, lawsuits detailing bank break-ins like the one at Ms. Ash's house keep surfacing.
Osborne is expected to name the next governor with his autumn statement on 5 December and urged the banking standards commission this week to avoid "tearing up" the consensus on reform by pushing for a full bank break-up.
A bank broke the rules.
A better middle ground would be Zara Home's Lily and Ginger which is luxurious smelling, but not bank breaking.
Deutsche Bank and Dresdner Bank broke up at the altar; then Dresdner and Commerzbank decided against tying the knot.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com