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Keith Noreika Quoted in The Wall Street Journal on Change in Bank Merger Regulation
03.17.17
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Corporate Partner Keith Noreika was quoted in The Wall Street Journal on the decreased regulation of bank mergers by the Federal Reserve. The article, “Fed Signals Easier Review Process for Smaller Bank Mergers,” discussed the Federal Reserve’s approval of a merger of two mid-Atlantic banks without prior analysis of whether the resulting bank might pose a threat to the U.S. financial system, as well as the implications of the approval. The approval “represents some regulatory loosening of the scrutiny applied in the post-Dodd-Frank world,” commented Keith.
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