The prudential regulators announced over a year ago that they intended to revisit and update much of the regulatory framework around mergers and acquisitions (M&A) for financial institutions. That's when the FDIC began the process of updating the Bank Merger Act regulations, as technology and market dynamics have caused significant changes since the act was passed in 1960.
As regulators begin to reveal some of these updates, we can begin to understand the new M&A framework that they intend to implement.
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