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US OCC to offer more transparency into bank merger reviews

Michael J. Hsu, acting director of the Office of the Comptroller of the Currency.
Michael J Hsu, acting director of the OCC. Photo: Paras Griffin/Getty Images

Julie DiMauro

1 min read
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OCC proposed new regulations to address criticism of regulator opacity in handling deals.

The US Office of the Comptroller of the Currency (OCC) has proposed new regulations for bank mergers and acquisitions (M&A) in a bid to increase transparency around the process, while ensuring some deals do not slide through automatically without sufficient scrutiny.

The OCC reviews mergers in which the

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