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- Title
Order Approving the Merger of Bank Holding Companies.
- Authors
Frierson, Robert Dev.
- Abstract
The article discusses a case concerning an order approving the merger of bank holding companies under the guidelines of the Bank Holding Company (BHC) Act of the Federal Deposit Insurance Corp. (FDIC) in the U.S. It provides updates on the request of Synovus Financial Corp. to acquire Riverside Bancshares Inc. and its subsidiary bank, Riverside Bank. The Board has approved the acquisition, consequent to the company's compliance with the conditions imposed under the section 3 of the BHC Act.
- Subjects
UNITED States; FEDERAL Deposit Insurance Corp.; BANK holding companies; SYNOVUS Financial Corp.; RIVERSIDE Bancshares Inc.; RIVERSIDE Bank (Company); MERGERS &; acquisitions law
- Publication
Federal Reserve Bulletin, 2006, pC96
- ISSN
0014-9209
- Publication type
Article