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OCC, Fed approve Bank of the West, BMO Harris merger
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Banking, Government Oversight, Mergers & Acquistions
Friday, January 20, 2023
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Following months of deliberation and public hearings, the Office of the Comptroller of the Currency and the Federal Reserve gave approval for Chicago-based BMO Harris Bank to merge with San Francisco-based Bank of the West despite vocalized concerns from the public regarding potential negative impacts from the merger.
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