The American Banker article Bank wins right to sue regulator over Camels rating presents the first case
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The American Banker article "Bank wins right to sue regulator over Camels rating" presents the first case of a bank taking FDIC to court,claiming that the agency's risk profile determination for the bank had been "flawed."
Write summary and how it affects banks.
https://www.stlouisfed.org/on-the-economy/2018/july/abcs-camels
https://www.americanbanker.com/news/bank-wins-right-to-sue-regulator-over-camels-rating#:~:text=WASHINGTON%20%20After%20undergoing%20an%20exam,%22problem%20bank%22%20by%20regulators.&text=Kane%2C%20an%20attorney%20at%20VedderPrice%20in%20Chicago.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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