by Calculated Risk on 8/26/2009 05:48:00 PM

From Bloomberg: FDIC Sets Standards for Private-Equity Firms to Buy Shut Banks (ht Anthony)

The Federal Deposit Insurance Corp. approved guidelines for private-equity firms to buy failed banks ... agreeing to lower to 10 percent from the proposed 15 percent the Tier 1 capital ratio private-equity investors must maintain after buying a bank.

From the FDIC: Attachment: Final Statement of Policy of Qualifications for Failed Bank Acquisitions

As a reminder, the deadline for Corus Bank bids is reported to be next week. So this is just in time.

Also, the Q2 FDIC Quarterly Banking Profile will probably be released tomorrow AM (including stats on the Deposit Insurance Fund and the number of problem banks at the end of Q2).