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Finance & markets · 06/10/1994Updated: 10/18/2026 · 1 min read

Federal Reserve Approves Nationsbank Corporation and Other Financial Institutions for Bank Holding Company Formations and Mergers

Summary

The Federal Reserve has approved Nationsbank Corporation, along with other financial institutions, to form bank holding companies, acquire nonbanking companies, and merge with existing banks. This move aims to strengthen the US financial sector and increase competition.

Original source language: Federal Register — Federal ReserveOpen original release →

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