big-banks-face-new-rules-on-living-wills-and-debt-in-wake-of-crisis

Big Banks Face New Rules on ‘Living Wills’ and Debt in Wake of Crisis

In response to the regional banking crisis that rocked the industry this spring, federal financial authorities are putting forth new regulations regarding larger banks’ living wills and holdings of long-term debt. Regarding two proposals that would update financial rules for large banks, the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of…

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