Today news
About the same in other media
US Federal Deposit Insurance Corp to propose 'comprehensive' changes to regional bank living wills
Reading now: 441
(Reuters) — A coming regulatory proposal will overhaul how large, regional banks prepare living wills for the event of their own failures, U.S. Federal Deposit Insurance Corporation Chairman Martin Gruenberg said Monday.
The announcement comes as U.S. regulators continue their efforts to strengthen oversight of the banking system, particularly in light of a string of collapses in March that included some of the largest in U.S. history.
«To that end, the FDIC plans to issue a notice of proposed rulemaking in the near future that will be a comprehensive restatement of the rule for notice and comment,» Gruenberg said in prepared remarks.
Read more on investing.comAbout this in other media
Bank holidays in September: Different states to remain closed for 16 days across month. Know more livemint.com /1 year ago
Stock market today: Dow ends lower on rout in retailers, rumble in regional banks investing.com /1 year ago
Sam Bankman-Fried will get one day in court to meet with lawyers cointelegraph.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
