• U.S. Bank Regulators Warns of 'Living Will' Shortcomings at Four Foreign-Owned Banks

Market news

21 December 2018

U.S. Bank Regulators Warns of 'Living Will' Shortcomings at Four Foreign-Owned Banks

  • Fed, FDIC Warn of Shortcomings in Wind-Down Plans of Barclays, Credit Suisse, Deutsche Bank, UBS Group

  • Shortcomings Less Severe Than Finding of 'Weaknesses' in Plans

  • Firms Must Address the Shortcomings When They Next Submit Living Wills

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