Financial Institutions, Depository Institutions, Acquisitions

Consequences of Forming or Acquiring a Depository Institution

Goodwin on 5/7/2025

This second installment in a series of insights on bank charter considerations describes the consequences of operating through an insured depository institution charter, including capital requirements, supervision and...more

Benefits of Operating Through a Bank Charter and Charter Choice Considerations

Goodwin on 5/1/2025

This is the first in a series of articles in our "So, You Want to Be a Bank?" series. More than 1,000 new banks were formed in the eight years before the Great Recession began in 2008. In comparison, the past 15 years...more

FDIC Proposes Amendments to Its Change in Bank Control Act Regulations

Latham & Watkins LLP on 8/9/2024

The proposal would establish stricter oversight of certain transactions and responds to concerns that large asset managers may be exerting influence on FDIC-supervised institutions. On July 30, 2024, the Board of...more

Silicon Valley Bank UK Limited – Sale to HSBC UK Regulatory Considerations

White & Case LLP on 3/14/2023

On Monday March 13, 2023, the Bank of England announced that Silicon Valley Bank UK Limited has been sold to HSBC UK Bank Plc. The situation remains fluid, and the following Q&A reflects our understanding as of Monday...more

Promissory Notes - Banking & Finance Insights, Volume 2, Issue 2

Spilman Thomas & Battle, PLLC on 2/23/2022

House Takes Its Sixth Hit on Cannabis Banking Provisions - "The House passed provisions for the sixth time that would allow cannabis companies to access the banking system, but the latest action, as an amendment to the...more

Fed Proposes Guidelines for Access to Master Accounts and Payment Services

Goodwin on 5/7/2021

In This Issue. The Board of Governors of the Federal Reserve System (Federal Reserve), in response to an increased number of inquiries and access requests from companies with fintech and other narrow purpose charters, invited...more