press releases · September 21, 2008
Press Release
September 22, 2008
Board announces the approval of a policy statement on equity investments in banks and bank holding companies
For release at 4:15 p.m. EDT
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The Federal Reserve Board on Monday announced the approval of a policy statement on equity investments in banks and bank holding companies. The policy statement provides additional guidance on the Board's position on minority equity investments in banks and bank holding companies that generally do not constitute "control" for purposes of the Bank Holding Company Act.
The policy statement is attached.
Policy statement on equity investments in banks and bank holding companies
Cite this document
APA
Federal Reserve (2008, September 21). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20080922_board_announces_the_approval_of_a_policy
BibTeX
@misc{wtfs_press_release_20080922_board_announces_the_approval_of_a_policy,
author = {Federal Reserve},
title = {Press Release},
year = {2008},
month = {Sep},
howpublished = {Press Releases, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/press_release_20080922_board_announces_the_approval_of_a_policy},
note = {Retrieved via When the Fed Speaks corpus}
}