a bank holding company or a savings and loan holding company and continue to participate in the CPP?
Any QFI that is or becomes a bank holding company or a savings and loan holding company and participates in the TARP Capital Purchase Program must maintain its status as a bank or thrift holding company for as long as Treasury holds preferred stock and/or warrants in the company. A bank or thrift holding company seeking to terminate its status as such must fully redeem all preferred stock and warrants held by Treasury prior to terminating its status.
Related Questions
- Is the CIP rule applicable to bank holding companies and their non-bank subsidiaries, or to savings and loan holding companies and their non-savings association subsidiaries?
- a bank holding company or a savings and loan holding company and continue to participate in the CPP?
- Bank or thrift holding companies. How should a sale to a bank or thrift holding company be coded?
