Last week, each of the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), and the Department of Justice Antitrust Division (DOJ) revised how they will review bank mergers. Our...more
9/27/2024
/ Bank Merger Act ,
Banking Sector ,
Banks ,
Department of Justice (DOJ) ,
FDIC ,
Financial Institutions ,
Financial Services Industry ,
Insured Depository Institutions ,
Mergers ,
OCC ,
Popular
Through joint guidance and an information request, federal bank regulators underscored banks’ compliance responsibilities in their banking-as-a-service (BaaS) relationships with third parties. Our Financial Services Team...more
8/9/2024
/ Banking Regulators ,
Banking Sector ,
Banks ,
FDIC ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Nonbank Firms ,
Request For Information ,
Risk Management ,
Third-Party Risk
Our Financial Services & Products and Antitrust Groups examine the Biden Administration’s call to revitalize oversight of bank consolidations and what it means for smaller banks’ ability to compete against their larger...more
Our Financial Services & Products Group unpacks the Federal Deposit Insurance Corporation’s most significant changes to brokered deposit regulations since 1989....more
Swans can be white or black or … green? Our Financial Services & Products and Securities Groups consider climate change and environmental, social, and governance (ESG) expectations for financial services firms and highlight...more
As the coronavirus (COVID-19) pandemic continues, loan accommodation periods first instituted under the CARES Act in the spring are beginning to expire. Our Financial Services & Products Group analyzes the latest guidance...more
The Coronavirus Aid, Relief, and Economic Security (CARES) Act sprawls across 800 pages. Our Financial Services & Products Group delves into the sections that deal specifically with banking and lending....more
3/31/2020
/ Banking Sector ,
Banks ,
CARES Act ,
Coronavirus/COVID-19 ,
FDIC ,
Federal Loans ,
Financial Institutions ,
Financial Services Industry ,
Financial Stimulus ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business
On September 8, 2016, the Board of Governors of the Federal Reserve System (Federal Reserve), the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) issued a 107-page joint...more
9/23/2016
/ Banks ,
Broker-Dealer ,
Commodities ,
Depository Institutions ,
Dodd-Frank ,
FDIC ,
Federal Reserve ,
FSOC ,
Goldman Sachs ,
Gramm-Leach-Blilely Act ,
Morgan Stanley ,
OCC
The Federal Deposit Insurance Corporation (FDIC) today adopted a final rule that amends how established small banks are assessed for deposit insurance. The final rule, which affects banks with less than $10 billion in assets...more