Financial Regulatory Forum

US FDIC proposes tough private equity guidelines

July 3, 2009

   By Karey Wutkowski and Paritosh Bansal
   WASHINGTON/NEW YORK, July 2 (Reuters) – Private equity groups seeking to buy failed U.S. banks would have to maintain very high capital levels and remain owners for three years under tough guidelines proposed on Thursday that some bank regulators fear could deter needed investment.

Private equity slams proposed banking rules

July 2, 2009

   By Megan Davies
   NEW YORK, July 2 (Reuters) – Private equity investment in troubled banks will be deterred and curbed by stringent guidelines proposed by U.S. bank regulators, executives and an industry body said on Thursday.