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Finance & markets · 03/07/2019Updated: 10/17/2026 · 1 min read

Federal Reserve Banks to Gain Delegation Authority for Certain Banking Operations

Summary

The Federal Reserve is expanding its delegation of authority to banks, allowing them to make decisions on applications, notices, and requests related to international banking operations, mergers and acquisitions, and public welfare investments, with certain conditions and weightings applied to thrift deposits.

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

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