U.S. Regulator Proposes New Limits on Big Bank Mergers

U.S. Regulator Proposes New Limits on Big Bank Mergers

March 21, 2024, Financial Times

Randy Benjenk’s commentary was included a Financial Times article on new restrictions by the Federal Deposit Insurance Corporation that would apply to any takeover that created a bank with more than $50 billion in assets and increase for any deal above $100 billion. Randy commented on how the new regulations could hamper dealmaking.

Randy pointed out that “bank regulators have been shifting the goalposts for the types of deals that will meet their standards.” He also said he believed the FDIC and other regulators’ new merger rules would make it harder to do deals.