WASHINGTON - As part of a continuing campaign to eliminate unnecessary rules, the Federal Reserve Board wants to make it easier for bank holding companies to sell assets with financing.

The proposal would change section 2(g)(3), which requires the Fed to assume that a holding company retains control of a subsidiary or asset when it finances the sale.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.