"My business forte has been to acquire troubled institutions and, with good management, enhance values overlooked by others," the statement says.

From then on, the bank grew by opening new branches and acquiring other institutions.

Since then, the company has grown, both by acquiring institutions and by building new ones.

The company has been expanding its presence in recent years in the New York City area, both by opening branches and acquiring other institutions.

Others are investing in savings and loans, but only by buying publicly traded shares or acquiring institutions in private deals.

"In effect, the Japanese Government needs to issue a return policy to acquiring institutions if this kind of thing is to work at all," he said.

He said he represented several groups that were collectively offering to invest $2 billion to acquire institutions in the Southwest.

"We will aggressively seek to acquire troubled financial institutions with assets in the multibillion-dollar range," he said.

To some extent, the legislation recognizes the reality that most states already allow out-of-state banks to acquire local institutions.

- I believe that in Ukraine, a country which only recently acquired freedom, institutions and democracy cannot function by our standards.