WASHINGTON Comptroller of the Currency Eugene A. Ludwig said Wednesday he will soon reduce the fees banks pay when they file branching applications and apply for other corporate changes.

Mr. Ludwig, speaking to OCC Northeast District's New England Community Bankers Outreach Program, said the agency will act "within a matter of weeks" to reduce charges for applications related to mergers, trust powers, head office relocations. changes in control, and other corporate activities.

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