Finance & markets · 21/07/1995Updated: 10/18/2026 · 1 min read
Federal Reserve Approves Bank Holding Company Formations, Acquisitions, and Mergers
Summary
The Federal Reserve Board has approved the formations of several bank holding companies, including Peoples Holding Company, and has cleared the way for their acquisitions and mergers. The approvals cover a range of institutions, including those acquired by and merging with Bank of America and Wells Fargo.