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.
