Release Date: September 21, 2015
For release at 4:00 p.m. EDT
The Federal Reserve Board on Monday announced its approval of the application under section 3 of the Bank Holding Company Act by Empresas Juan Yarur SpA and its subsidiary, Banco de Credito e Inversiones, both of Santiago, Chile, to acquire CM Florida Holdings, Inc., Coral Gables, Florida, and thereby indirectly acquire its subsidiary, City National Bank of Florida, Miami, Florida.
Attached is the Board's order relating to this action.
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