Noting it is committed to developing an inter-agency approach to the issues it addresses in this NPR, the FDIC is seeking to take greater control over holdings in the state non-member banks under its jurisdiction when these come under the Change-in-Bank Control Act (CIBCA), especially when this involves an entity with a passivity exemption from “control” under applicable FRB rules. The FDIC would not ban large, passive holdings in state non-member banks, but it would likely look askance at at least some, especially when these are in large IDIs that pose the concentration and safety-and-soundness risks identified in this NPR and accompanying questions about still broader …
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