FDIC considers easing proposed rules for buying troubled banks

07/9/2009 | Bloomberg

Succumbing to investor pressure, the Federal Deposit Insurance Corp. is considering easing its proposed rules for acquiring failed banks, sources said. The FDIC had outlined a requirement for private-equity investors to keep at least a 15% Tier 1 capital ratio for newly acquired lenders. The Private Equity Council said the measure would discourage investments by buyout firms.

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