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Regulators Set to Reject Some Big Banks’ ‘Living Wills’

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Regulators at the U.S. Federal Reserve and the FDIC are planning to reject the "living wills" plans of 4 of the 8 systemically important banks, including JP Morgan Chase bank, in April 2016. The banks will have to come up with revised plans and strategies to address bankruptcy and issues raised by regulators, or face sanctions including higher levels of capital required.

Living wills of major banks in the U.S. submitted to the U.S. Federal Reserve and the FDIC under Dodd-Frank legislation

06/09/2010

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Grouped Articles

Regulators reject plans of 5 big U.S. banks for preventing another taxpayer bailout - The Washington Post

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Regulators Set to Reject Some Big Banks’ ‘Living Wills’

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What Citigroup’s ‘Living Will’ Win Means for Big Banks

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