ICYMI – Matt Levine on Living Wills
Matt Levine has written a column on the US banking regulators’ press release regarding banks’ living wills.
In their press release, issued last Wednesday, the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation found that seven of the eight biggest banks have submitted resolution plans that ‘were not credible or would not facilitate an orderly resolution under the US Bankruptcy Code'.
Share
YOU MAY ALSO BE INTERESTED IN
With the support of
