As a result, we decided that purchases under the pandemic emergency purchase programme (PEPP) over the next quarter would be conducted at a significantly higher pace than during the first quarter of this year.
Allow insured banks to engage in interstate merger transactions with savings associations and trust companies* The amendment would allow an insured bank to directly acquire, by merger, an insured savings association or uninsured trust company in a different home state without first converting the target savings association or trust company into an insured bank.