Finance & markets · 31/03/2020Updated: 10/17/2026 · 1 min read
FDIC Seeks Comments on Proposed Rule for Industrial Bank and Loan Company Subsidiaries
Summary
The FDIC is seeking public comment on a proposed rule that would require certain conditions and commitments for industrial bank and loan company subsidiaries of non-Federal Reserve supervised companies, and would require written agreements with the FDIC before such a change in control.