Rules for private-equity firms eyeing failed banks get vote next week


Will the U.S. retreat from new rules that would make it harder for private-equity firms and hedge funds to buy failed banks? From Kohlberg Kravis & Roberts and Blackstone to Wilbur Ross and John Paulson, private investors have been pushing back against the changes, saying they're too onerous. If they become the law of the land, it'll become harder to find buyers for banks gone bust, they say.

Whether their complaints were effective will become clear next week, when the Federal Deposit Insurance Corp. plans to vote on the rules, it said today.

Originally published