Center for Responsible Lending: Stronger Regulatory Oversight Evident in End of TD Bank Merger Bid
May 05, 2023
May 05, 2023
DURHAM, North Carolina, May 5 (TNSpp) -- The Center for Responsible Lending issued the following news release and letter:
TD Bank and First Horizon Bank announced the termination of their merger agreement, citing uncertainty about the timetable to obtain regulatory approvals. The Center for Responsible Lending (CRL) along with civil rights and consumer group partners had urged the Federal Reserve and the Office of the Comptroller of the Currency (OCC) to withhold approval given syst . . .
TD Bank and First Horizon Bank announced the termination of their merger agreement, citing uncertainty about the timetable to obtain regulatory approvals. The Center for Responsible Lending (CRL) along with civil rights and consumer group partners had urged the Federal Reserve and the Office of the Comptroller of the Currency (OCC) to withhold approval given syst . . .