Amber Hay

Aug 22, 2024 | arnoldporter.com | Kevin Toomey |Robert Azarow |James Bergin |Amber Hay

On July 30, 2024, the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) approved a proposal to amend its existing regulations governing parent companies of industrial banks and industrial loan companies (collectively, industrial banks). In December 2020, the FDIC formalized its framework for supervising industrial banks in part 354 of the FDIC Rules and Regulations (Part 354).

Aug 13, 2024 | law360.com | Robert Azarow |Amber Hay

By Robert Azarow and Amber Hay (August 13, 2024, 5:00 PM EDT) -- Greater regulatory expectations and heightened scrutiny along with macroeconomic conditions have not supported robust bank mergers and acquisitions activity in the first half of 2024.... Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence.

Aug 13, 2024 | law360.co.uk | Robert Azarow |Amber Hay

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Jul 17, 2024 | mondaq.com | Amber Hay |David Freeman |James Bergin |Kevin Toomey

During the meeting of the Board of Directors (Board) of the Federal Deposit Insurance Corporation (FDIC) in June, the Board unanimously adopted a resolution that requires FDIC staff to provide full Board briefings for merger and deposit insurance applications (each, a Covered Application) that have been outstanding for more than 270 days.

Jul 17, 2024 | mondaq.com | David Freeman |Kevin Toomey |Robert Azarow |Amber Hay

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