4 Apr 2025
🏦Change in Bank Control Notices
Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
Summary
The Federal Reserve has issued a notice regarding applications to acquire shares of banks and bank holding companies under the Change in Bank Control Act. The document outlines the process for public comment and provides details about the interested parties and institutions involved, emphasizing the regulatory considerations surrounding bank ownership changes.
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The document pertains to the Change in Bank Control Act, which affects bank ownership and control, influencing market dynamics and investment opportunities. Business executives need to be aware of ongoing applications and the potential for new stakeholders impacting their operations.