The OCC today updated its Comptroller’s Handbook with a revised booklet on oil and gas exploration and production lending. The update guidance provides more detailed guidance on prudent risk management practices for banks making these types of loans and outlines regulatory expectations, with special attention to lending for upstream oil and gas businesses.
FDIC seeks public comment on proposed changes to bank merger policy
The FDIC is accepting public comment on its proposal to change how the agency will evaluate bank merger applications.