Last month, the Federal Reserve Bank approved People's United Financial, Inc.'s acquisition of Suffolk Bancorp. As part of its approval, the Fed quadrupled its review threshold for banking M&A transactions from $25B to $100B in combined assets, opening the door for a flurry of banking M&A.
Last month, the Federal Reserve Bank approved People's United Financial, Inc.'s acquisition of Suffolk Bancorp. As part of its approval, the Fed quadrupled its review threshold for banking M&A transactions from $25B to $100B in combined assets, opening the door for a flurry of banking M&A.
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