FDIC’s Hill: Agency to expand nonbank participation in bidding on failed banks
The FDIC will allow private equity firms and other nonbanks to bid on failed banks to soften the blow to ...
Tag: Living wills
FDIC approves new guidance for ‘living wills’
The FDIC board approved final guidance for resolution plan submissions—also known as “living wills”— for banks with more than $250 ...
FDIC revises resolution planning requirements for larger banks
The FDIC board voted 3-2 to adopt a final rule creating new resolution plan requirements for banks with more than ...
FDIC spells out agency strategy for GSIB resolution
The FDIC released a new report that explains in detail how it will manage the resolution of a global systemically ...
FSB to focus on large bank resolution preparedness, resolutions for CCPs in 2023
The Financial Stability Board will continue to focus its efforts in 2023 on bank resolution preparedness, and completing resolution frameworks ...
Agencies find no deficiencies in largest banks’ ‘living wills’
The Federal Reserve and FDIC announced Wednesday that the eight largest U.S. banks did not have deficiencies in their most ...
Banking agencies signal new ‘living will’ guidance for large banks
The Federal Reserve and the FDIC will issue guidance on so-called “living wills” for banks that are considered “Category II” ...
Hsu: OCC weighing conditions’ for large bank merger approval to ensure resolvability
Speaking at an industry event today, Acting Comptroller Michael Hsu warned that “there is a gap with regards to large ...
FHFA Issues Final Rule Requiring GSE Resolution Planning
The Federal Housing Finance Agency today finalized a rule requiring Fannie Mae and Freddie Mac to develop resolution plans to ...
ABA Weighs in on Proposed GSE Liquidity, Resolution Planning Requirements
In two comment letters to the Federal Housing Finance Agency last week, the American Bankers Association weighed in on proposed ...
