The Federal Deposit Insurance Corp. found "shortcomings" in the resolution plans of three of the largest banks last week, and found Citigroup's resolution plan "deficient," all because of problems ...
The Supreme Court held that an undertaking to arrange fund infusion does not amount to a guarantee under contract law.
In an effort to curb opaque bids for resolution, Insolvency and Bankruptcy Board of India (IBBI) has made it mandatory to disclose beneficial ownership in the resolution plan. A notification by IBBI ...
Two federal banking regulators found deficiencies with the sale of derivatives in the resolution plans of Bank of America, Goldman Sachs, and JPMorgan Chase, while the regulators disagreed on the ...
Federal Deposit Insurance Corp. Chair Martin Gruenberg said the agency's new living will requirements will ensure that banks "not be dependent on a sale executed over the weekend following the ...