The Board of Governors of the Federal Reserve System and the FDIC extended the deadline for nineteen foreign banks and two large domestic bank holding companies to file their next resolution plans.
News & Insights
62 News Results
The FDIC and the Board of Governors of the Federal Reserve System released the public sections of the resolution plans of eight large firms.
Federal Reserve Board Governor Jerome Powell lauded the progress made by the U.S. financial system since the financial crisis and identified five areas that could benefit from additional regulatory reform.
The U.S. Treasury Department issued its first set of recommendations pursuant to President Trump's Executive Order establishing core principles for improving the financial system.
The FDIC and the Board of Governors of the Federal Reserve System determined that Wells Fargo "adequately remedie[d]" remaining deficiencies identified in its 2015 resolution plan.