Regulatory Alerts2026-01-16
Federal Reserve Board Approves Banco Inter, S.A. Miami Branch Application
The Federal Reserve Board has approved Banco Inter, S.A.’s application to establish a state-licensed branch in Miami, Florida. The order confirms the Brazilian lender satisfies comprehensive consolidated supervision requirements under the International Banking Act, maintains adequate capital and managerial resources, and poses no risk to U.S. financial stability. Approval becomes effective January 16, 2026, and remains contingent upon the bank’s adherence to information-sharing commitments and specific regulatory conditions.
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