Buyout Firms Balk At Plan To Alter Bank Takeover Rules - Congoo

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Buyout firms balk at plan to alter bank takeover rules

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Boston Globe | July 04, 2009

Private-equity firms said the Federal Deposit Insurance Corp. may be diminishing the appetite for future bank takeovers by demanding that buyout groups put more capital at risk. Under a proposal outlined by the FDIC Thursday, investor groups would act as a source of strength for subsidiary depositor...

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