Board Actions

The PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania, and PNC Bancorp, Inc., Wilmington, Delaware -- to acquire RBC Bank, (USA), Raleigh, North Carolina.
-Approved, December 19, 2011

The PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania, and PNC Bancorp, Inc., Wilmington, Delaware -- issuance of order regarding approval of the application to acquire RBC Bank (USA), Raleigh, North Carolina.
-Approved, December 22, 2011

Forms -- final notice for a two-year phase-in period for most savings and loan holding companies (SLHCs) to file Federal Reserve regulatory reports (with initial filing exemption for some SLHCs) and final Board review to revise the following reports to include SLHCs: FR Y-6, FR Y-7, FR Y-9C, FR Y-9LP, FR Y-9SP, FR Y-9ES, FR Y-9CS, FR Y-11, FR Y-11S, FR 2314, FR 2314S, FR Y-8, FR Y-12, FR Y-12A, FR Y-7Q, FR Y-7N, and FR Y-7NS.
-Approved, December 22, 2011

Division of Banking Supervision and Regulation -- appointment of Tameika L. Pope as assistant director.
-Announced, December 20, 2011

Regulation VV (Proprietary Trading and Relationships with Covered Funds) -- extension of the comment period to February 13, 2012, on interagency proposal to implement the so-called Volcker rule.
-Announced, December 23, 2011

Regulation YY (Enhanced Prudential Standards) -- publication for comment of proposed rules to strengthen regulation and supervision of large bank holding companies and systemically important nonbank financial firms, in accordance with the Dodd-Frank Act.
-Approved, December 19, 2011

Bank of Hampton Roads, Norfolk, Virginia (successor by merger with Gateway Bank and Trust, Elizabeth City, North Carolina) -- issuance of a consent order of assessment of a civil money penalty.
-Announced, December 22, 2011

State Bank and Trust Company, Defiance, Ohio -- issuance of a consent order of assessment of a civil money penalty.
-Announced, December 22, 2011