WASHINGTON - Thrifts that have recently completed initial public offerings will have a better chance of winning approval to buy their stock back, according to internal Office of Thrift Supervision memos.

Last week the agency sent a pair of memos to its five regional offices. One discloses that, on a case-by-case basis, the OTS is more likely to override its new limits on stock repurchases.

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.