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Orrick, Herrington & Sutcliffe LLP

FDIC rescinds its bank merger policies in favor of previous one

Orrick, Herrington & Sutcliffe LLP on

On May 20, the FDIC announced its intent to rescind the 2024 Statement of Policy and reinstate its prior Bank Merger Statement of Policy. This decision reflected the FDIC’s assessment that the 2024 Statement of Policy added...more

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