Last month, the Federal Deposit Insurance Corporation (FDIC) Board of Directors (FDIC Board) proposed an amendment to its regulations under the Change in Bank Control Act of 1978 (CBCA). Driven by the ...
The CBCA generally requires 60 days’ prior written notice to the “appropriate Federal banking agency”[3] before a person may acquire control of an IDI or IDI Holding Company. The prior notice ...
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