The Federal Deposit Insurance Corp. approved a rule Tuesday that will make it easier for the banks it regulates to operate overseas.

Under the rule, FDIC-supervised banks that are well-run and well- capitalized may open additional branches in foreign countries without first applying to the agency. The agency, which regulates state banks that are not part of the Federal Reserve, also eased restrictions on the types of investments their overseas branches may make.

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.