OCC to remove merger review timeout clause
Acting Comptroller of the Currency Michael Hsu said Monday his agency is rescinding a rule that requires merger applications to be considered approved 15 days after of a comment period's closure, part of a broader effort to rethink the bank merger process.
Acting Comptroller of the Currency Michael Hsu said Monday his agency is rescinding a rule that requires merger applications to be considered approved 15 days after of a comment period's closure, part of a broader effort to rethink the bank merger process.
