Bank mergers will receive more antitrust scrutiny under new FDIC rule
By 
Aaron Nicodemus2024-09-18T13:42:00
Federal banking regulators approved a new rule for bank mergers that will require additional scrutiny of mergers for antitrust issues for large and mid-sized banks.
The Federal Deposit Insurance Corporation (FDIC) approved a statement of policy notice Tuesday that will place increased scrutiny on mergers that create an institution with $100 billion or more in assets. The increased scrutiny will attempt to evaluate the financial stability of the merged institution and potential antitrust issues.
The FDIC also said it would require mergers that create an institution with more than $50 billion in assets to hold public hearings, a new requirement.
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