FDIC to seek rollback of bank merger rule, WSJ reports
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FILE PHOTO: People walk around the Financial District near the New York Stock Exchange (NYSE) in New York, U.S., December 29, 2023. REUTERS/Eduardo Munoz/File Photo
(Reuters) - The Federal Deposit Insurance Corporation is planning to propose rolling back a Biden-era policy that ramped up the scrutiny of large bank mergers, the Wall Street Journal reported on Monday, citing people familiar with the matter.
(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Arun Koyyur)
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