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2 Agencies Provide Largest Firms With Information for Next Resolution Plans
July 03, 2020
WASHINGTON, July 3 -- The Federal Deposit Insurance Corporation issued the following news release with Federal Reserve Board:

The Federal Deposit Insurance Corporation and the Federal Reserve Board provided information to the eight largest and most complex domestic banking organizations that will guide their next resolution plans, which are due by July 1, 2021.

Resolution plans, commonly known as living wills, must describe the firm's strategy for rapid and orderly reso . . .

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