Fed Watchdog Says Bank Merger Reviews Are Getting Slower

The Fed's internal watchdog found the central bank is taking longer to approve bank mergers and acquisitions than it did four years ago, despite a dedicated reform effort to speed approvals. Slower approvals could delay bank consolidation and deal execution, weighing on M&A-dependent strategic plans and near-term activity in the banking sector.

Analysis

The Fed's internal watchdog found the central bank is taking longer to approve bank mergers and acquisitions than it did four years ago, despite a dedicated reform effort to speed approvals. Slower approvals could delay bank consolidation and deal execution, weighing on M&A-dependent strategic plans and near-term activity in the banking sector.