US bank regulator issues interim final rule on bank mergers
ReutersMay 8, 2025 5:31 PM
May 8 (Reuters) - The Office of the Comptroller of the Currency (OCC) on Thursday issued an interim final rule restoring the streamlined application and expedited review to its procedures for evaluating bank merger applications.
"The OCC's actions today reduce burden and uncertainty for banks and supports a regulatory framework for bank mergers that is effective and not excessive," said Acting Comptroller of the Currency Rodney Hood.
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