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Board of Governors of the Federal Reserve System
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Press Release

Federal Reserve Press Release

Release Date: September 22, 2008

For release at 4:15 p.m. EDT

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 (831 KB PDF)

 
Last update: September 22, 2008