Davis Polk partner and Financial Institutions head Margaret Tahyar was quoted in S&P Global on the Federal Reserve’s requirement that large banks must update their resolution plans in order to get their deals approved. Margaret said, “The regulators have clearly created a new trend that makes interim updates of resolution plans part of merger approvals. It’s one factor in how they are getting comfortable with larger deals.”

“Large bank deal approvals come with new hurdle: updated resolution plans,” S&P Global (January 30, 2023)

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