Federal Reserve & FDIC Alert! Results of their joint review of the resolution plansโalso known as living wills (for bankruptcy)โthat the eight largest and most complex domestic banking organizations submitted in 2021.
Federal Reserve & FDIC Alert! Results of their joint review of the resolution plansโalso known as living wills (for bankruptcy)โthat the eight largest and most complex domestic banking organizations submitted in 2021. The agencies identified a shortcoming in Citigroup Inc.'s resolution plan.
Source: https://www.federalreserve.