Acting in Concert: Shareholder Agreements and Change in Bank Control Filings with the Federal Reserve

CIBCA Framework The Change in Bank Control Act (“CIBCA”) framework imposes filing requirements on persons or groups seeking to acquire control of a banking organization. One of the most significant — and often overlooked — aspects of this framework is the concept of persons “acting in concert,” which can transform individual shareholders into a regulated … Continue reading “Acting in Concert: Shareholder Agreements and Change in Bank Control Filings with the Federal Reserve”