FedFin on: OCC Bank-Merger Policy

2024-09-24T16:56:21-04:00September 24th, 2024|The Vault|

In conjunction with final FDIC action on its merger policy, the OCC also finalized its proposal.  The final OCC standards include a rule revising merger-review procedures to eliminate streamlined and expedited consideration in favor of OCC commitments to act in a timely fashion, especially for smaller deals it believes will be considered on a schedule no different than that now governing these deals or perhaps even more quickly.  However, long delays are still more likely for larger transactions or those with controversial elements…

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