The FDIC announced that it has developed a pre-qualification process for nonbank bidders with the intent of qualifying nonbank bidders in advance of any offering.
FDIC announces new process for nonbanks to bid on failed large banks
October 17, 2025 / By ICBA
The FDIC announced that it has developed a pre-qualification process for nonbank bidders with the intent of qualifying nonbank bidders in advance of any offering.
The FDIC announced that it has developed a pre-qualification process for nonbank bidders with the intent of qualifying nonbank bidders in advance of any offering.
Details: Speaking in Brussels this week, FDIC Acting Chairman Travis Hill said the FDIC continues to explore ways to expand participation from nonbanks in the marketing process of failed banks.
Outlook: Hill said the process will start as a pilot in January 2026 and will be revised based on feedback.
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