U.S. Bank M&A Will Face More Hurdles Under OCC Proposal
Scott Coleman, a partner at Ballard Spahr who represents banks and bank holding companies, commented for S&P Global Market Intelligence about the Office of the Comptroller of the Currency's recent decision to improve its M&A review process for national banks.
"Although it purports to have the objective of providing clarity as to the factors the OCC considers, the rule demonstrates how subjective the factors are and still does not provide institutions with certainty," Scott stated. "I don't think it will increase transactions and think at the larger end of the scale it is certain to decrease applications."
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