Board Actions

Actions taken during the week ending July 9, 2016

Bank Holding Companies

KeyCorp, Cleveland, Ohio -- to acquire First Niagara Financial Group, Inc., Buffalo, New York, and thereby indirectly acquire First Niagara Bank, National Association.
-Approved, July 8, 2016

Regulations and Policies

Conformance Period for Volcker Rule -- extension to July 21, 2017, for banking entities to conform their legacy covered-fund activities and investments that were in place before December 31, 2013, in accordance with section 619 of the Dodd-Frank Act.
-Approved, July 5, 2016