Federal Reserve and OCC Should Reject TD Bank’s Proposed Merger with First Horizon Bank, Groups Write in Comment Letter
Proposed mega-bank would be the sixth largest in the U.S. Federal bank regulators haven’t formally rejected a merger application in over 15 years, but Biden Administration has highlighted market concentration WASHINGTON, D.C. – Amid growing concern about corporate consolidation, the Center for Responsible Lending (CRL) and Americans for Financial Reform Education Fund are leading a letter calling for the Federal...