US regulators sign off on large bank 'living wills'
Published on: May 23, 2026, 1:30 a.m. | Source: Devdiscourse
A pair of U.S. banking regulators have signed off on plans submitted by the nation's largest banks detailing how they could be safely unwound in bankruptcy. The agencies dinged those banks in 2024, saying their plans did not adequately show how they could safely unwind their derivatives portfolios.
