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July 9, 2021


A recent Law360 article discusses the impact on bank merger activities from President Biden’s executive order calling for regulatory agencies across the federal government to take dozens of different actions aimed at boosting competition.

In the article, Stroock partner, Quyen Truong said, “It will take considerable time for the agencies to determine what would be appropriate, so for that reason, the impact will not be immediate. But financial institutions undoubtedly will have this issue in mind as they consider M&A activities, and the ease with which they could get approval.”

Read the full article here