Board Actions

Citizens Financial Group, Inc., Providence Rhode Island -- commenter's request for reconsideration of the Board's approval of the application by Citizens Financial Group, Inc., to acquire Investors Bancorp, Inc., and thereby indirectly acquire Investors Bank, both of Short Hills, New Jersey.
-Denied, April 4, 2022

Regions Bank, Birmingham, Alabama, and Merill Lynch Wealth Management (Merrill Lynch), Charlotte, North Carolina -- consent orders of prohibition against (1) Dedryck O. Carson, Wendy Rodriguez Legon, Micheal T. Lemley, and Tracy L. Mallory, former institution-affiliated parties of Regions Bank, and (2) Autumn Jordan and Manuel F. Pinazo, former institution-affiliated parties of Merrill Lynch (a subsidiary of Bank of America), all for fraudulently obtaining loans and grants administered under the Coronavirus Aid, Relief, and Economic Security Act.
-Announced, April 5, 2022