US Federal Reserve Board and US FDIC Publish Public Sections of July 2018 Resolution Plans
The U.S. Board of Governors of the Federal Reserve System and U.S. Federal Deposit Insurance Corporation published the public portions of the July 2018 resolution plans for four foreign banking organizations, which plans focus on the institutions’ U.S. operations. The public sections of the resolution plans summarize certain elements of the plans and how the resolution plans would be executed. The public portions of the resolution plans are published exactly as submitted by the institutions and are available on the Federal Reserve Board and FDIC websites.
View full text of the FDIC release.
View full text of Federal Reserve Board press release.TOPIC: Recovery & Resolution