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- Title
Order Approving the Acquisition of a Bank Holding Company.
- Authors
Frierson, Robert Dev.
- Abstract
The article discusses a case concerning an order approving the acquisition of a bank holding company 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 Whitney Holding Corp. to acquire First National Bancshares Inc. and its subsidiary 1st National Bank & Trust. The Board has approved the acquisition after the company complied with the conditions under section 3 of the BHC Act.
- Subjects
UNITED States; FEDERAL Deposit Insurance Corp.; BANK holding companies; MERGERS &; acquisitions law; WHITNEY Holding Corp.; FIRST National Bancshares Inc.; FIRST National Bank &; Trust Co.
- Publication
Federal Reserve Bulletin, 2006, pC108
- ISSN
0014-9209
- Publication type
Article