Agencies Release Public Sections of Resolution Plans for Eight Large Banks
July 23, 2019
July 23, 2019
WASHINGTON, July 23 -- The Federal Deposit Insurance Corporation issued the following news release:
The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) today released the public sections of eight large domestic firms' resolution plans, which are required by the Dodd-Frank Act and commonly known as living wills.
Resolution plans describe the company's strategy for rapid and orderly resolution under bankruptcy in the event of material financial . . .
The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) today released the public sections of eight large domestic firms' resolution plans, which are required by the Dodd-Frank Act and commonly known as living wills.
Resolution plans describe the company's strategy for rapid and orderly resolution under bankruptcy in the event of material financial . . .