Securities Underwriting & Dealing Subsidiaries

A broker-dealer authorized to engage in securities underwriting, dealing, or market-making may, under certain circumstances, be acquired by a bank holding company, by a foreign bank subject to the Bank Holding Company Act, or by a state member bank. The resulting subsidiaries and the institutions owning them are listed here under the following categories: Section 20 Subsidiaries (as of March 31, 2011) and Section 4(k)(4)(E) Securities Subsidiaries (as of December 19, 2013).