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Cullen/Frost's Fair-Lending Deal with Fed Is an M&A Wake-Up Call

MAY 21, 2014 3:26pm ET

Bank buyers and sellers should pay attention to the Fed's recent approval of Cullen/Frost's acquisition of WNB Bancshares. Cullen/Frost had to agree to improve its fair-lending and other functions, underscoring the importance of buyers who work well in resolving compliance and other problems with regulators.

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