Board Actions

BB&T Corporation, Winston-Salem, North Carolina -- (1) interagency notice of public meetings in Atlanta, Georgia, on May 3, 2019, and Charlotte, North Carolina, on April 25 on the proposal to acquire SunTrust Banks, Inc., Atlanta, Georgia, and its subsidiary, SunTrust Bank, and to merge SunTrust Bank with and into Branch Banking and Trust Company, Winston-Salem; and (2) extension of the public comment period through May 3, 2019.
-Approved, March 13, 2019

CenterState Bank Corporation, Winter Haven, Florida -- to merge with National Commerce Corporation, Birmingham, Alabama, and thereby indirectly acquire National Bank of Commerce.
-Approved, March 11, 2019

Forms -- final Board review to extend with revision the FR Y-8, FR 2248, FR 2320, FR 2644, FR 2886b, and the following families of reports: (1) FR Y-9 (FR Y-9C, FR Y-9LP, FR Y-9SP, FR Y-9ES, and FR Y-9CS), (2) FR Y-7 (FR Y-7, FR Y-7N, and FR Y-7Q), (3) FR Y-11 (FR Y-11 and FR Y-11S), and FR 2314 (FR 2314 and FR 2314S).
-Approved, March 14, 2019

Division of Supervision and Regulation -- appointment of Lisa Ryu as senior associate director.
-Announced, March 11, 2019

Management Division -- appointment of Tara Pelitere as senior associate director and chief technology officer and Tim Markey as deputy associate director and chief of staff.
-Announced, March 13, 2019

Regulation KK (Swaps Margin and Swaps Push-Out) -- publication for comment of a joint interim final rule to ensure that any legacy swap currently exempt from the swap margin requirements would not become subject to them if amended solely for the purpose of being transferred from an entity in the United Kingdom (UK) as a result of a non-negotiated UK withdrawal from the European Union.
-Approved, March 11, 2019

The Goldman Sachs Group, Inc., New York, New York -- issuance of a consent order of prohibition and an order of assessment of civil money penalty against Tim Leissner, and issuance of a notice of prohibition against Ng Chong Hwa a/k/a Roger Ng, both former institution-affiliated parties of various nonbank subsidiaries of The Goldman Sachs Group, Inc.
-Announced, March 12, 2019