Four of the biggest banks on Wall Street must improve their blueprints for a hypothetical wind-down after top US regulators found weaknesses in their plan
Fed Faults Living Wills of BofA, Citi, Goldman and JPMorgan
- Fed, FDIC find shortcomings in living-will plans from banks
- Lenders must address issues in new plans due in July 2025
By Will Kubzansky
June 21, 2024 at 9:00 AM PDT
Updated onJune 21, 2024 at 11:31 AM PDT
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