News

A Non-Bankers Perspective: Attorney Robert Smith is critical of the new regulatory environment that financial institutions face and is concerned about the dwindling number of small-town banks.

FEC Corporate & Financial Services Alert: Federal Reserve Finalizes Relief For Small Bank Holding Companies As we reported in January, Congress recently directed the Federal Reserve to revise its Small Bank Holding Company Policy Statement1 by increasing the applicable qualifying asset threshold from $500 million to $1 billion.

FEC Corporate & Financial Services Alert On March 22, 2013, the Board of Governors of the Federal Reserve Board (the Board), the Federal Deposit Insurance Corporation (the FDIC) and the Office of the Comptroller of the Currency (the OCC) (collectively, the Regulators) published the Interagency Guidance on Leveraged Financing (the 2013 Guidance).