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FDIC, OCC, and DOJ Update Guidance on Bank Merger Evaluations

JD Supra: Mergers

Last week, each of the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), and the Department of Justice Antitrust Division (DOJ) revised how they will review bank mergers. Our Financial Services and Antitrust teams highlight what banks considering mergers should know about the changes.

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Regulators Finalize New Approach to Bank Mergers

JD Supra: Mergers

17, 2024, the Federal Deposit Insurance Corporation (FDIC) Board met to finalize an updated approach to increase scrutiny of bank mergers, particularly those that would result in a bank with over $100 billion in assets. These moves by regulators signal a new whole-of-government approach to competition in the banking sector.

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FDIC and OCC Finalize New Guidelines on Bank Mergers

JD Supra: Mergers

Yesterday, both the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) finalized new guidelines regarding bank mergers. By: Troutman Pepper

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FDIC, OCC Finalize Policy on Bank Merger Transactions

JD Supra: Mergers

Regulators seek to provide clarity and transparency on the bank merger review process, but changes may increase application complexity and unpredictability. By: Latham & Watkins LLP

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The Modernization of the US Bank Merger Review Process Begins

JD Supra: Mergers

On September 17, 2024, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) issued formal statements of policy on reviewing transactions under the Bank Merger Act (BMA). By: Skadden, Arps, Slate, Meagher & Flom LLP

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FDIC Proposes Amendments to Its Change in Bank Control Act Regulations

JD Supra: Mergers

On July 30, 2024, the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) approved a Notice of Proposed Rulemaking to amend the agency’s regulations under the Change in Bank Control Act (the Proposal). By: Latham & Watkins LLP

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FDIC Proposes Broader Role Under the Change in Bank Control Act

JD Supra: Mergers

On July 30, 2024, the Federal Deposit Insurance Corporation (FDIC) issued a notice of proposed rulemaking (NPR) that would expand the FDIC’s role under the Change in Bank Control Act of 1978 (CBCA).

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