FDIC Sets Standard Leverage Ratio for Investors in Failed Depository Institutions
September 4, 2009
Investors that acquire or invest in failed insured depository institutions must maintain a ratio of Tier 1 common equity-to-total assets of at least 10 percent for three years from the time of acquisition, according to a final policy statement issued by the Federal Deposit Insurance Corp. Published in the Sept. 2 Federal Register, the policy statement warned that failure to maintain...