Federal Deposit Insurance Corp. building in Washington, D.C. Photo: Diego M. Radzinschi/ALM Republicans Urge US Banking Agencies to Provide Clarity in Merger Review Process
"Clear expectations and timeliness surrounding merger reviews are critical so banks can make informed decisions about whether to pursue a merger when approval is likely or withdraw an application when it is not," said Rep. Andy Barr, R-Kentucky.
May 01, 2024 at 06:31 PM
4 minute read
Mergers and Acquisitions
Federal banking agencies provide little clarity and much uncertainty in their review process for proposed bank mergers, Republican lawmakers said Wednesday during a House oversight hearing of the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency.
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