Legal Interpretations
Federal Reserve Act - 2017 Letters
October 30, 2017 (PDF)
General Counsel letter to Mr. Tayfun Tuzun advising that staff would not recommend that the Board take action under section 9 of the Federal Reserve Act against state member bank Fifth Third Bank, Cincinnati, Ohio, in connection with its ownership interest in Vantiv, Inc., Symmes Township, Ohio, after consummation of a proposed merger between Vantiv and Worldpay Group plc, London, United Kingdom, provided that the transaction is conducted according to the terms and conditions described in the letter and related correspondence.
Last Update:
December 15, 2017