8 May 2025
🏦Federal Reserve Notice on Bank Holding Company Activities
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Summary
The Federal Reserve System has published a notice regarding applications for the formation, acquisition, and merger of bank holding companies. It outlines the necessary approvals under the Bank Holding Company Act and provides details on how the public can provide comments on these applications. The notice also emphasizes transparency by stating public disclosure of received comments.
Agencies
- Federal Reserve System
Business Impact
$$ - Med
The notice involves regulatory requirements for companies seeking to become bank holding companies, impacting business owners and executives involved in or contemplating acquisitions or mergers in the financial sector, particularly under the BHC Act.