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Recorded: Thursday, April 29, 2010

Agenda  | Panelists | Who should log in | Accreditation | Register

Overview

In 2009, 140 banks failed. Based on the current pace of failures, 2010 will see approximately 155 more. So far this cycle, the FDIC has entered into loss-sharing agreements with the buyers of 126 of them, covering $117 billion of the assets.

FDIC-assisted transactions continue to be attractive to strategic acquirers and various groups of private capital formed to bid on failed banks. Despite unique criteria, depending on investor-type and recent changes to the structure of loss share agreements, the bidding process remains competitive.   

SNL Financial is proud to offer a unique discussion covering the preparation, structuring, bidding, and negotiation of an FDIC-assisted bank transaction. Don’t miss this opportunity for insight into FDIC-assisted deals directly from a roundtable of subject matter experts.


Agenda

Acquisition strategy, valuation, due diligence and structuring
        - Identifying targets
        - Getting ready

The Bidding Process
        - Registration
        - Bidding criteria
        - Approval criteria
        - Negotiation

Acquisition structures
        - Purchase of Assets and Assumption of Liabilities (P&A) with loss share
        - P&A without loss share
        - Payout Method
        - Open bank assistance transactions

Learning Objectives

Understand how to identify, evaluate, and value potential transactions

Understand the FDIC process: bidder criteria, bidding process, approval considerations, timing

Understand how to structure and execute an effective bid


 

Panelists

Randall D. Guynn

Partner and Head of Financial Institutions Group, Davis Polk

Pamela Farwig

Associate Director, Division of Resolutions and Receiverships, FDIC

Mark Ross

Managing Director , Stifel Nicolaus

Nathan Stovall (moderator)

Senior Industry Editor, SNL Financial


 

Who will benefit

Bank Chairmen and Directors

CEOs, Presidents, CFOs and CROs at financial institutions

Investment Bankers

Investors

Accountants, auditors, controllers

Finance Directors/Managers/Analysts

Legal advisors

Consultants


 

Accreditation

CFA Institute

1.5 Hour of Continuing Education Credit

SNL Center for Financial Education is registered with CFA Institute as an Approved Provider of professional development programs. This program is eligible for 1 CE credits hour as granted by CFA Institute. If you are a CFA Institute member, CE credit for you attendance at this event will be automatically recorded in your CE Diary upon request.

National Association of State Boards of Accountancy

1.5 Hours of CPE Credit

Registrants for the live version of this program qualify for 1.5 hours of CPE credit (Specialized Knowledge and Applications). Program Level: Beginner. Delivery Method: Group-Based Internet. SNL Center for Financial Education, LLC, is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 4th Ave N, Ste 700, Nashville, TN, 37219-2417. Website: www.nasba.org.


 

Register and get log-in

FDIC Assisted Transactions: A Deal Primer

Recorded: Thursday, April 29, 2010

Free

Registration grants you access to the live webinar, plus unlimited access to the archived version and to the hard copy print outs of the associated Power Point slides.

 
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